STOP Bad Mergers Act
This bill requires the Federal Trade Commission (FTC) and Department of Justice (DOJ) to monitor completed mergers for anti-competitive effects or harm to workers. It mandates new labor-related data in merger filings, including details about unionized employees, potential job losses, and offshoring risks. Unions representing affected workers gain the right to submit information to regulators about proposed mergers that could harm their members. The bill also directs studies on how mergers impact manufacturing industry competition, unionized workforces, and worker bargaining power.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
President
Introduced May 23, 2024
Last action May 23, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 23, 2024
Committee
Read twice and referred to the Committee on the Judiciary.
upper
May 23, 2024
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tammy Baldwin
DDemocratic
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