Standard Merger and Acquisition Reviews Through Equal Rules Act of 2017

Bill 115 hr 659, also known as the Standard Merger and Acquisition Reviews Through Equal Rules Act of 2017, aims to streamline the process for reviewing mergers and acquisitions by the Federal Trade Commission (FTC) and the Department of Justice (DOJ). The bill seeks to establish consistent standards and timelines for the review of mergers and acquisitions, regardless of which agency is conducting the review.

Under the current system, the FTC and DOJ have different standards and timelines for reviewing mergers and acquisitions, which can lead to confusion and inefficiencies for businesses seeking approval for their transactions. The Standard Merger and Acquisition Reviews Through Equal Rules Act of 2017 would require the FTC and DOJ to use the same standards and timelines when reviewing mergers and acquisitions, in order to create a more consistent and transparent process for businesses.

The bill also includes provisions to improve coordination between the FTC and DOJ when conducting reviews of mergers and acquisitions, in order to avoid duplication of efforts and ensure that the review process is as efficient as possible. Additionally, the bill includes measures to increase transparency and accountability in the merger review process, by requiring the FTC and DOJ to provide regular updates on the status of their reviews to the parties involved. Overall, the Standard Merger and Acquisition Reviews Through Equal Rules Act of 2017 aims to create a more efficient and transparent process for reviewing mergers and acquisitions, in order to promote competition and protect consumers.