H.R. 7101: Prohibiting Anticompetitive Mergers Act of 2022
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H.R. 7101: Prohibiting Anticompetitive Mergers Act of 2022
117th Congress · introduced 2022-03-16 · Commerce · Latest: Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
federal
Follow this bill, step by step
- Where it came from: introduced 2022-03-16 · official record
- Who proposed it: Rep. Jones, Mondaire [D-NY-17] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Prohibiting Anticompetitive Mergers Act of 2022
Plain summary
Prohibiting Anticompetitive Mergers Act of 2022 This bill prohibits certain business mergers, modifies the procedures for reviewing mergers, and establishes procedures for reversing certain mergers. Specifically, the bill prohibits mergers that (1) are valued at more than $5 billion in total assets, (2) result in the acquiring entity having a market share of greater than 33% (or a share of a labor market as an employer of greater than 25%), or (3) result in market concentration levels that exceed specified thresholds. The bill also expands the authority of the Federal Trade Commission (FTC) and the Antitrust Division of the Department of Justice (DOJ) to review pending mergers, including whether a merger is likely to harm the competitive process and the effect of a merger on relevant labor markets. Finally, the bill authorizes the FTC and the Antitrust Division of the DOJ to retroactively unwind mergers that are prohibited under the bill or that meet certain other anticompetitive criteria such as a merger that results in a greater than 50% share of a relevant market.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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What does this mean? (plain words)
Official text
Prohibiting Anticompetitive Mergers Act of 2022
Source: Congressional Research Service summary (Introduced in House)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Jones, Mondaire [D-NY-17] · 13 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Mark Pocan (D-WI), Adriano Espaillat (D-NY), Jesús G. "Chuy" García (D-IL), Eleanor Holmes Norton (D-DC), Alexandria Ocasio-Cortez (D-NY), Ayanna Pressley (D-MA), Mark Takano (D-CA), Rashida Tlaib (D-MI), Pramila Jayapal (D-WA), Steve Cohen (D-TN)
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (1)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr7101.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>
Record fed-us-cong117-hr7101 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117