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S. 4876

BillFederalSenateIn Committee
Standard Merger and Acquisition Reviews Through Equal Rules Act of 2020
About This Bill
Committee
Latest Action · October 26, 2020
Read twice and referred to the Committee on the Judiciary.
Congress
116th (2019–2021)
Introduced
October 26, 2020
Sponsor
Sen. Mike LeeR
Cosponsors (2)
0D 2R
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Summary

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Standard Merger and Acquisition Reviews Through Equal Rules Act of 2020 This bill requires the Federal Trade Commission (FTC) and the Department of Justice (DOJ) to use the same procedures when enforcing antitrust law, and it requires the FTC to issue a decision within 180 days of receiving a merger application. Under current law, the FTC litigates the merits of contested merger cases before its own administrative tribunals. The bill requires the FTC to litigate these cases in federal court, similar to DOJ.

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