Summary: H.R.5630 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.5630. Bill summaries are authored by CRS.

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Introduced in House (04/26/2018)

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).