H.R.7101: Prohibiting Anticompetitive Mergers Act of 2022

About This Bill

  • Introduced March 16, 2022
  • Latest Major Action Nov. 1, 2022

Bill Version

Bill 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...

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 1, 2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
March 17, 2022
Referred to the Subcommittee on Consumer Protection and Commerce.
March 16, 2022
Referred to the Committee on the Judiciary, and in addition to the Committee on Energy and Commerce, 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.
March 16, 2022

Introduced in the House by Mondaire Jones (D-N.Y.)

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