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H. Rept. 115-412 1 (2017-11-15)

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                    115TH CONGRESS                                       REPORT
                       1st Session   HOUSE OF REPRESENTATIVES            115-412







                         STANDARD MERGER AND ACQUISITION REVIEWS
                               THROUGH EQUAL RULES ACT OF 2017



                      NOVEMBER 15, 2017.-Committed to the Committee of the Whole House on the
                                   State of the Union and ordered to be printed



                          Mr. GOODLATTE, from the Committee on the Judiciary,
                                        submitted the following


                                            REPORT

                                              together with

                                          DISSENTING VIEWS

                                          [To accompany H.R. 659]

                             [Including cost estimate of the Congressional Budget Office]

                      The Committee on the Judiciary, to whom was referred the bill
                    (H.R. 659) to amend the Clayton Act and the Federal Trade Com-
                    mission Act to provide that the Federal Trade Commission shall ex-
                    ercise authority with respect to mergers only under the Clayton Act
                    and only in the same procedural manner as the Attorney General
                    exercises such authority, having considered the same, report favor-
                    ably thereon without amendment and recommend that the bill do
                    pass.

                                                CONTENTS
                                                                                  Page
                    Purpose  and  Sum m ary  ...........................................................................................  2
                    Background   and  Need  for the  Legislation  ............................................................  2
                    H earings  ...................................................................................................................  6
                    Com m ittee  Consideration  .......................................................................................  6
                    C om m ittee  V otes  ......................................................................................................  6
                    Com m ittee  Oversight Findings  ...............................................................................  7
                    New Budget Authority and Tax Expenditures ......................................................  8
                    Congressional Budget Office  Cost Estimate   ..........................................................  8
                    Duplication  of Federal Program s  ...........................................................................  9
                    Disclosure  of Directed  Rule  M akings  ....................................................................  9
                    Performance  Goals  and  Objectives  .........................................................................  9
                    Advisory  on  Earm arks  ............................................................................................ .  9
                    Section-by-Section  Analysis  ................................................................................... .  9
                       79-006

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