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- H.R.6989
H.R.6989: Pandemic Anti-Monopoly Act of 2020
About This Bill
- Introduced May 22, 2020
- Latest Major Action May 22, 2020
Bill Sponsor
Bill Version
- Introduced in House - May 22, 2020
Bill Summary
Pandemic Anti-Monopoly Act of 2020 This bill places a moratorium on certain mergers and acquisitions during the COVID-19 (i.e., coronavirus disease 2019) pandemic. Specifically, the bill prohibits certain transactions such as acquisitions (1) by firms with over $100 million in revenue; (2) by financial institutions or equity funds with over $100 million in capitalization; and (3) involving firms with exclusive patents pertaining to COVID-19...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 22, 2020 |
Referred to the House Committee on the Judiciary.
|
| May 22, 2020 |
Introduced in the House by Alexandria Ocasio-Cortez (D-N.Y.) |