115-hr-5630115th Congress

Economic Freedom and Financial Security for Working People Act of 2018

Sponsored By: Representative Cicilline, David N. [D-RI-1]

Unknown

Summary

Economic Freedom and Financial Security for Working People Act of 2018 This bill amends the Clayton Act to establish that a corporate acquisition that tends to create a monopsony (i.e., a situation where a single buyer substantially controls the purchasing power in a market for a good or service) is a violation of antitrust law. Currently, the Clayton Act prohibits only acquisitions that would lead to a monopoly (i.e., where a single supplier of a good or service substantially controls the market).

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Cicilline, David N. [D-RI-1]

RI • D

Cosponsors

  • Rep. Nadler, Jerrold [D-NY-12]

    NY • D

    Sponsored 4/26/2018

  • Rep. Ellison, Keith [D-MN-5]

    MN • D

    Sponsored 4/26/2018

  • JOSEPH CROWLEY

    NY • D

    Sponsored 4/26/2018

Roll Call Votes

No roll call votes available for this bill.

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