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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Title(s) as Introduced

Consolidation Prevention and Competition Promotion Act of 2019

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Clayton Act to modify the standard for an unlawful acquisition, and for other purposes.

Actions Overview (1)

Date Actions Overview
01/31/2019Introduced in Senate

All Actions (1)

Date All Actions
01/31/2019Read twice and referred to the Committee on the Judiciary.
Action By: Senate

Cosponsors (5)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Markey, Edward J. [D-MA]* 01/31/2019
Sen. Blumenthal, Richard [D-CT]* 01/31/2019
Sen. Booker, Cory A. [D-NJ]* 01/31/2019
Sen. Gillibrand, Kirsten E. [D-NY] 02/04/2019
Sen. Hirono, Mazie K. [D-HI] 12/08/2020

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
Senate Judiciary01/31/2019 Referred to

No related bill information was received for S.307.

Latest Summary (1)

There is one summary for S.307. View summaries

Shown Here:
Introduced in Senate (01/31/2019)

Consolidation Prevention and Competition Promotion Act of 2019

This bill amends the Clayton Act to revise merger requirements. Specifically, the bill

  • prohibits a merger that materially (currently, substantially) lessens competition in more than a de minimis amount or tends to create a monopsony (a market situation in which there is only one buyer);
  • shifts the burden of proof to the merging companies to show that their consolidation will not harm competition;
  • requires companies that enter into a settlement agreement with the Federal Trade Commission (FTC) or Department of Justice regarding a merger to report information that allows the agencies to assess the competitive impact of the merger, and
  • establishes the Office of the Competition Advocate within the FTC.