Republican Sens. Propose FCC Merger Review 'Shot Clock'

Law360 (May 16, 2018, 2:09 PM EDT) -- Utah Sen. Mike Lee and two other Republican senators on Tuesday introduced legislation that would institute a 180-day "shot clock" on merger reviews by the Federal Communications Commission and require the Federal Trade Commission to litigate merger challenges in federal court.

The Standard Merger and Acquisition Reviews Through Equal Rules, or Smarter, Act, co-sponsored by Republican Sens. Orrin Hatch of Utah and Thom Tillis of North Carolina, would require the FTC to follow the same procedures as the U.S. Department of Justice for obtaining a preliminary...
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