119th Congress Commerce
S. 130: Competition and Antitrust Law Enforcement Reform Act of 2025
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill revises antitrust laws applicable to mergers and anticompetitive conduct.
Specifically, the bill applies a stricter standard for permissible mergers by prohibiting mergers that (1) create an appreciable risk of materially lessening competition, or (2) create a monopsony (i.e., where a single buyer or employer has sufficient market power to lower the price of goods or wages due to a lack of competition)
Additionally, for some large mergers or mergers that concentrate markets beyond a certain threshold, the bill shifts the burden of proof to the merging parties to prove that the merger does not violate the law.
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The bill also prohibits exclusionary conduct that presents an appreciable risk of harming competition.
No predispute arbitration agreements or predispute joint-action waivers are valid or enforceable with respect to an antitrust dispute.
The bill also establishes monetary penalties for violations, requires annual reporting for certain mergers and acquisitions, establishes within the Federal Trade Commission (FTC) the Office of the Competition Advocate, and sets forth whistleblower protections.
The Government Accountability Office must report on (1) the success of merger remedies required by the Department of Justice or the FTC in recent consent decrees; and (2) the impact of mergers and acquisitions on wages, employment, innovation, and new business formation.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Michael Bennet D-COOriginal
- Richard Blumenthal D-CTOriginal
- Cory Booker D-NJOriginal
- Mazie Hirono D-HIOriginal
- Martin Heinrich D-NMOriginal
- Edward Markey D-MAOriginal
- Christopher Murphy D-CTOriginal
- Brian Schatz D-HIOriginal
- Tina Smith D-MNOriginal
- Ron Wyden D-OROriginal
- Peter Welch D-VTOriginal
- Sheldon Whitehouse D-RIOriginal
- Mark Warner D-VAOriginal
Who scored on this bill
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History
- Introduced in the Senate by Amy Klobuchar.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on the Judiciary.