Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014
Latest action · Dec 11, 2014 Placed on the Union Calendar, Calendar No. 495.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 8, 2014
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(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.
Cosponsors 1
Members who signed on, in the order they did. All signed on Sep 9, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-VA | Bob Goodlatte | Sep 9, 2014 |
Actions 8
Everything that happened, newest first.
- Dec 11, 2014Placed on the Union Calendar, Calendar No. 495.
- Dec 11, 2014Reported by the Committee on Judiciary. H. Rept. 113-658.
- Sep 10, 2014Committee Consideration and Mark-up Session Held.
- Sep 10, 2014Ordered to be Reported by Voice Vote.
- Sep 9, 2014Subcommittee on Regulatory Reform, Commercial And Antitrust Law Discharged.
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 1
Each version as it was printed, newest first.
- Sep 8, 2014Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.