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A bill to reform the antitrust laws to better protect competition in the American economy, to amend the Clayton Act to modify the standard for an unlawful acquisition, to deter anticompetitive exclusionary conduct that harms competition and consumers, to enhance the ability of the Department of Justice and the Federal Trade Commission to enforce the antitrust laws, and for other purposes.

5/10/2024, 10:56 AM

Summary of Bill S 4308

Bill 118 s 4308, also known as the Antitrust Reform and Competition Protection Act, aims to strengthen antitrust laws in the United States to promote fair competition in the economy. The bill proposes amendments to the Clayton Act to make it easier to identify and prevent unlawful acquisitions that could harm competition. It also seeks to address anticompetitive exclusionary conduct that negatively impacts both competition and consumers.

One of the key provisions of the bill is to enhance the enforcement capabilities of the Department of Justice and the Federal Trade Commission in enforcing antitrust laws. This includes providing these agencies with additional resources and tools to investigate and prosecute anticompetitive behavior more effectively.

Overall, the goal of Bill 118 s 4308 is to ensure that competition in the American economy is protected and that consumers are able to benefit from a fair and competitive marketplace. By strengthening antitrust laws and enforcement mechanisms, the bill aims to promote a level playing field for businesses and prevent monopolistic practices that could harm consumers and stifle innovation.

Current Status of Bill S 4308

Bill S 4308 is currently in the status of Bill Introduced since May 9, 2024. Bill S 4308 was introduced during Congress 118 and was introduced to the Senate on May 9, 2024.  Bill S 4308's most recent activity was Read twice and referred to the Committee on the Judiciary. as of May 9, 2024

Bipartisan Support of Bill S 4308

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
22
Democrat Cosponsors
22
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4308

Primary Policy Focus

Alternate Title(s) of Bill S 4308

A bill to reform the antitrust laws to better protect competition in the American economy, to amend the Clayton Act to modify the standard for an unlawful acquisition, to deter anticompetitive exclusionary conduct that harms competition and consumers, to enhance the ability of the Department of Justice and the Federal Trade Commission to enforce the antitrust laws, and for other purposes.
A bill to reform the antitrust laws to better protect competition in the American economy, to amend the Clayton Act to modify the standard for an unlawful acquisition, to deter anticompetitive exclusionary conduct that harms competition and consumers, to enhance the ability of the Department of Justice and the Federal Trade Commission to enforce the antitrust laws, and for other purposes.

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