Republican Senators Urge House Republicans to Support Antitrust Reform Package

September 26, 2022

Washington, D.C. – Sen. Mike Lee (R-UT), joined by Sens. Tom Cotton (R-AR), and Chuck Grassley (R- IA), urged their colleagues in the House to support passage of an antitrust reform package consisting of the State Antitrust Enforcement Venue Act, the Merger Filing Fee Modernization Act, and the Foreign Merger Subsidy Disclosure Act. The bills would protect antitrust enforcement by state attorneys general, modernize the Hart-Scott-Rodino merger filing fees, and require merging parties to disclose subsidies from certain foreign governments, respectively.

 

The Senators issued the following joint statement:

 

This package represents a strong, bipartisan consensus approach to strengthening enforcement of the federal antitrust laws, against both Big Tech and other bad actors. Importantly, these bills improve antitrust enforcement without appropriating any more funds to President Biden’s out-of-control FTC. We call on all of our colleagues in the House of Representatives to strongly support this package.