Economic Freedom and Financial Security for Working People Act of 2018
Latest action · May 22, 2018 Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
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.
- IntroducedApr 26, 2018
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Economic Freedom and Financial Security for Working People Act of 2018
This bill amends the Clayton Act to establish that a corporate acquisition that tends to create a monopsony (i.e., a situation where a single buyer substantially controls the purchasing power in a market for a good or service) is a violation of antitrust law. Currently, the Clayton Act prohibits only acquisitions that would lead to a monopoly (i.e., where a single supplier of a good or service substantially controls the market).
Cosponsors 3
Members who signed on, in the order they did. All signed on Apr 26, 2018.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Jerrold Nadler | Original | Apr 26, 2018 |
| D-NY | Joseph Crowley | Original | Apr 26, 2018 |
| D-MN | Keith Ellison | Original | Apr 26, 2018 |
Actions 3
Everything that happened, newest first.
- May 22, 2018Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
- Apr 26, 2018Introduced in House
- Apr 26, 2018Referred to the Committee on the Judiciary, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 1
Each version as it was printed, newest first.
- Apr 26, 2018Introduced 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.