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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 Titles as Introduced

Pandemic Anti-Monopoly Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to prohibit certain transactions during the coronavirus disease 2019 (COVID-19) pandemic.

Actions Overview (1)

Date Actions Overview
06/18/2020Introduced in Senate

All Actions (1)

Date All Actions
06/18/2020Read twice and referred to the Committee on Commerce, Science, and Transportation.
Action By: Senate

Cosponsors (1)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Sanders, Bernard [I-VT]* 06/18/2020

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 Reports
Senate Commerce, Science, and Transportation06/18/2020 Referred to

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Latest Summary (1)

There is one summary for S.4013. View summaries

Shown Here:
Introduced in Senate (06/18/2020)

Pandemic Anti-Monopoly Act

This bill places a moratorium on certain mergers and acquisitions during the COVID-19 (i.e., coronavirus disease 2019) pandemic.

Specifically, the bill prohibits certain transactions such as acquisitions (1) by firms with over $100 million in revenue; (2) by financial institutions or equity funds with over $100 million in capitalization; and (3) involving firms with exclusive patents pertaining to COVID-19 pandemic-related production, manufacturing, distribution, or infrastructure. However, a waiver may be granted if the participating firms demonstrate that the transaction will advance critical national security, economic, or public health interests during the emergency.

Further, the bill establishes a legal presumption against a transaction that may pose a risk to the government's ability to respond to the national emergency declared due to COVID-19.