3.0.0 878 2023-01-11T19:46:01Z 2023-01-11T19:46:01Z Senate S S 2007-03-14 110 ssju00 Judiciary Committee Senate Standing Referred to 2007-03-14T19:05:29Z 2007-03-14 ssju00 Judiciary Committee Senate Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S3134) IntroReferral 2007-03-14 Sponsor introductory remarks on measure. (CR S3133-3134) IntroReferral B00100 9 Library of Congress 2007-03-14 Introduced in Senate IntroReferral 10000 9 Library of Congress K000305 Sen. Kohl, Herb [D-WI] HERBERT KOHL D WI H. N S000709 Sen. Specter, Arlen [R-PA] ARLEN SPECTER R PA 2007-03-14 True L000304 Sen. Lieberman, Joseph I. [ID-CT] JOSEPH LIEBERMAN ID CT I. 2007-05-09 False Commerce Administrative procedure Antitrust law Competition Congress Congressional reporting requirements Corporate mergers Department of Justice Energy Energy demand Energy supplies Evidence (Law) Federal Trade Commission Gas industry Government Operations and Politics Independent regulatory commissions Law Monopolies Petroleum industry Petroleum refineries Commerce 00 2007-03-14 Introduced in Senate 2007-04-09T19:03:32Z Oil Industry Merger Antitrust Enforcement Act - Amends the Clayton Act to require, in any civil action in which the plaintiff alleges that the effect of a merger, acquisition, or other transaction (transaction) may be to substantially lessen competition or to create a monopoly in the business of exploring for, producing, refining, marketing, or selling petroleum, oil, natural gas, or their related products and that establishes that the transaction involves competitors in that business, the burden of proof shall be on the defendant to establish that such transaction will not substantially lessen competition or create a monopoly.

Directs the Federal Trade Commission (FTC) and the Antitrust Division of the Department of Justice to jointly review and revise applicable enforcement guidelines and policies in order to: (1) specifically address the above transactions; and (2) ensure that the guidelines will prevent any transaction which substantially lessens competition or creates a monopoly.

]]> Oil Industry Merger Antitrust Enforcement Act Official Title as Introduced A bill to prevent anti-competitive mergers and acquisitions in the oil and gas industry. Introduced in Senate IS Display Title Oil Industry Merger Antitrust Enforcement Act Short Titles as Introduced Oil Industry Merger Antitrust Enforcement Act Introduced in Senate 2007-03-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s878is/xml/BILLS-110s878is.xml 2007-03-14 Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S3134) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.