3.0.0 5630 2023-01-11T13:39:47Z 2023-01-11T13:39:47Z House HR 2018-04-26 115 [Congressional Record Volume 164, Number 68 (Thursday, April 26, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CICILLINE:H.R. 5630.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8.[Page H3706]]]> hsju00 Judiciary Committee House Standing hsju05 Administrative State, Regulatory Reform, and Antitrust Subcommittee Referred to 2018-05-22T15:58:51Z Referred to 2018-04-26T14:00:09Z hsed00 Education and the Workforce Committee House Standing Referred to 2018-04-26T14:00:14Z 2018-05-22 hsju05 Administrative State, Regulatory Reform, and Antitrust Subcommittee 1 House committee actions Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. Committee 2018-04-26 Referred to the Committee on the Judiciary, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2018-04-26 Referred to the Committee on the Judiciary, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2018-04-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-04-26 Introduced in House IntroReferral 1000 9 Library of Congress C001084 Rep. Cicilline, David N. [D-RI-1] David Cicilline D RI N. 1 N N000002 Rep. Nadler, Jerrold [D-NY-10] JERROLD NADLER D NY 10 2018-04-26 True E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2018-04-26 True C001038 Rep. Crowley, Joseph [D-NY-14] JOSEPH CROWLEY D NY 14 2018-04-26 True Commerce Competition and antitrust Corporate finance and management Labor market Wages and earnings Commerce 00 2018-04-26 Introduced in House 2019-08-14T19:29:11Z Economic Freedom and Financial Security for Working People Act of 2018

This bill amends the Clayton Act to establish that a corporate acquisition that tends to create a monopsony (i.e., a situation where a single buyer substantially controls the purchasing power in a market for a good or service) is a violation of antitrust law. Currently, the Clayton Act prohibits only acquisitions that would lead to a monopoly (i.e., where a single supplier of a good or service substantially controls the market).

]]> Economic Freedom and Financial Security for Working People Act of 2018 Display Title Economic Freedom and Financial Security for Working People Act of 2018 Official Title as Introduced To amend the Clayton Act to clarify that an acquisition that tends to create a monopsony violates the Clayton Act. Introduced in House IH Short Titles as Introduced Economic Freedom and Financial Security for Working People Act of 2018 Introduced in House 2018-04-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr5630ih/xml/BILLS-115hr5630ih.xml 2018-05-22 Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. 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.