To amend the Clayton Act and the Federal Trade Commission Act to provide that the Federal Trade Commission shall exercise authority with respect to mergers only under the Clayton Act and only in the same procedural manner as the Attorney General exercises such authority.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Standard Merger and Acquisition Reviews Through Equal Rules Act of 2014 - Amends the Clayton Act with respect to actions brought by the Attorney General for violations of antitrust laws. Requires the Federal Trade Commission (FTC), but only under the Clayton Act, to exercise the same authority and procedures of the Attorney General specified in the Act with respect to the prohibition against acquisition by one corporation of the stock of another (merger) that may substantially lessen competition or tend to create a monopoly.
Amends the Federal Trade Commission Act (FTCA) to exclude proposed mergers, acquisitions, joint ventures, or similar transactions from FTC proceedings.
Grants jurisdiction to the U.S. district courts to issue writs of mandamus commanding compliance with the FTCA or any FTC order, if the FTC applies to such courts with respect to any activity related to consummation of a merger, acquisition, joint venture, or similar transaction that results in an unfair method of competition.
Introduced in House
Introduced in House
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Subcommittee on Regulatory Reform, Commercial And Antitrust Law Discharged.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by Voice Vote.
Reported by the Committee on Judiciary. H. Rept. 113-658.
Reported by the Committee on Judiciary. H. Rept. 113-658.
Placed on the Union Calendar, Calendar No. 495.
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