S.1739 - Agribusiness Merger Moratorium and Antitrust Review Act of 1999106th Congress (1999-2000)
|Sponsor:||Sen. Wellstone, Paul D. [D-MN] (Introduced 10/15/1999)|
|Committees:||Senate - Judiciary|
|Latest Action:||Senate - 10/15/1999 Read twice and referred to the Committee on Judiciary. (All Actions)|
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Summary: S.1739 — 106th Congress (1999-2000)All Information (Except Text)
Agribusiness Merger Moratorium and Antitrust Review Act of 1999 - Title I: Moratorium on Large Agribusiness Mergers - Prohibits (with waiver authority by the Attorney General) certain large dealers, processors, commission merchants, agricultural input suppliers, brokers, or operators of a warehouse from directly or indirectly acquiring voting securities or assets of other large agribusiness entities until the earlier of: (1) the effective date of comprehensive legislation addressing the problem of market concentration in the agriculture sector; or (2) 18 months after enactment of this Act.
Introduced in Senate (10/15/1999)
Title II: Agriculture Concentration and Market Power Review Commission - Establishes the Agriculture Concentration and Market Power Review Commission to: (1) study U.S. agricultural economy concentration; and (2) make recommendations on changes to antitrust and other laws to maintain a competitive marketplace for smaller producers and their communities.