House Expects to Vote on Three Antitrust Bills This Week
The House expects to vote this week on a series of bipartisan antitrust bills with implications for the tech industry, House Antitrust Subcommittee ranking member Ken Buck, R-Colo., said Monday. Votes are expected on the Merger Filing Fee Modernization Act…
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(see 2106250062), the State Antitrust Enforcement Venue Act (see 2202090066) and the Foreign Merger Subsidy Disclosure Act. The merger filing bill would increase fees for larger companies to enhance resources for enforcers. The venue bill would give state attorneys general more discretion over where they litigate cases, and the third bill would require merger filing disclosures of subsidies from countries like China.The White House urged House passage of the Merger Filing Fee Modernization Act (HR-3843) (see 2209260060). Merger fees to the FTC and DOJ haven’t kept pace with the number, size and complexity of deals, the Office of Management and Budget said Tuesday in a statement of administration policy.