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EconomyH.R. 8882Comments

Main Street Competes Act

Official title: To amend the Small Business Economic Policy Act of 1980 to examine how the competitiveness of small businesses is affected by the enforcement of Federal antitrust laws, and for other purposes.

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Where the Bill Stands

  1. Introduced, done
  2. Committee, done
  3. Floor Vote, done
  4. Outcome, current stage

What This Bill Does

This bill requires the Department of Justice (DOJ) and the Federal Trade Commission (FTC) to separately report biennially to the Small Business Administration (SBA) on how such agency's enforcement of federal antitrust law has promoted competition and deterred anticompetitive conduct that harms small businesses. The reports must include the number of antitrust inquiries, investigations, and enforcement actions conducted by the agencies.

Further, the SBA must report to Congress a summary of the DOJ and FTC reports that includes, as appropriate, recommendations for administration actions that may promote competition and deter anticompetitive conduct.

The bill replaces a requirement that the President report annually to Congress about the role of small businesses in the economy on an industry-by-industry basis.

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Timeline

  1. SenateReceived in the Senate and Read twice and referred to the Committee on the Judiciary.
  2. House floor actionsMr. Williams (TX) moved to suspend the rules and pass the bill.
  3. Passed the House
  4. House floor actionsReported by the Committee on Small Business. H. Rept. 119-682.
  5. House committee actionsCommittee Consideration and Mark-up Session Held
  6. Library of CongressIntroduced in House
  7. House floor actionsReferred to the House Committee on Small Business.
  8. Introduced
  9. Committee

Comments

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