Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014

Hozzl · 2024-03-14T12:48:44Z

Explore the details of House Bill 5402 Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

3/14/2024, 12:48 PM

Congressional Summary of HR 5402

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014 - Amends the Clayton Act with respect to actions brought by the Attorney General for violations of antitrust laws. Requires the Federal Trade Commission (FTC), but only under the Clayton Act, to exercise the same authority and procedures of the Attorney General specified in the Act with respect to the prohibition against acquisition by one corporation of the stock of another (merger) that may substantially lessen competition or tend to create a monopoly.

Amends the Federal Trade Commission Act (FTCA) to exclude proposed mergers, acquisitions, joint ventures, or similar transactions from FTC proceedings.

Grants jurisdiction to the U.S. district courts to issue writs of mandamus commanding compliance with the FTCA or any FTC order, if the FTC applies to such courts with respect to any activity related to consummation of a merger, acquisition, joint venture, or similar transaction that results in an unfair method of competition.

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Current Status of Bill HR 5402

Bill HR 5402 is currently in the status of Bill Introduced since September 8, 2014. Bill HR 5402 was introduced during Congress 113 and was introduced to the House on September 8, 2014. Bill HR 5402's most recent activity was Placed on the Union Calendar, Calendar No. 495. as of December 11, 2014

Bipartisan Support of Bill HR 5402

Total Number of Sponsors

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Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 5402

Primary Policy Focus

Commerce

Potential Impact Areas

Administrative law and regulatory proceduresCivil actions and liabilityCompetition and antitrustCorporate finance and managementFederal Trade Commission (FTC)Federal district courtsJurisdiction and venueSecurities

Alternate Title(s) of Bill HR 5402

Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014To amend the Clayton Act and the Federal Trade Commission Act to provide that the Federal Trade Commission shall exercise authority with respect to mergers only under the Clayton Act and only in the same procedural manner as the Attorney General exercises such authority.Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014

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