Dems Want Past Mergers Reviewed For Impact On Jobs

Law360, New York (December 4, 2017, 8:58 PM EST) -- A group of House Democrats on Monday introduced new legislation that would require antitrust enforcement agencies to study several mergers each year to understand the impact of the transactions on jobs and salaries, in addition to competition and consumer welfare.

Rep. Keith Ellison, D-Minn., introduced the Merger Retrospective Act, which would require the Federal Trade Commission and U.S. Department of Justice each to conduct annual reviews of five mergers that were cleared by the agencies in the prior three years. Ellison said the bill is aimed...
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