Restoring and Improving Merger Enforcement Act of 2018
Sponsored By: Representative Nadler, Jerrold [D-NY-12]
Unknown
Summary
Restoring and Improving Merger Enforcement Act of 2018 This bill revises the standard for determining whether a proposed corporate acquisition would substantially lessen competition. Specifically, the bill establishes that a court may consider a claim that the acquisition would increase efficiency only if such increased efficiency (1) is verifiable, (2) could not be accomplished without the acquisition, and (3) would promote competition. The bill also places the burden of proof on the defendant claiming that increased efficiency will eliminate the substantial lessening of competition that would result from the proposed acquisition.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Nadler, Jerrold [D-NY-12]
NY • D
Cosponsors
Rep. Cicilline, David N. [D-RI-1]
RI • 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