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H. Rept. 114-449 1 (2016-03-14)

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                    114TH CONGRESS                                       REPORT
                       2d Session    HOUSE   OF REPRESENTATIVES          114-449







                         STANDARD MERGER AND ACQUISITION REVIEWS
                               THROUGH EQUAL RULES ACT OF 2015



                     MARCH 14, 2016.-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. 2745]

                             [Including cost estimate of the Congressional Budget Office]

                      The Committee   on the Judiciary, to whom  was referred the bill
                    (H.R. 2745) 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,  reports fa-
                    vorably thereon without amendment   and recommends   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
                    A dvisory  on  Earm arks  .............................................................................................  10
                       59-006

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