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.
View on Congress.gov