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Stronger Antitrust Enforcement to Protect Small Businesses and Promote Competition.

This Act strengthens federal antitrust enforcement by focusing on protecting small businesses from harmful anti-competitive practices by large corporations. It mandates annual reporting by the Department of Justice and the FTC on how their actions promote competition and support small business growth. The goal is to ensure greater consumer choice and support the local economy by fostering fair competition.
Key points
Strengthening antitrust law enforcement specifically to protect small businesses from anti-competitive conduct, aiming to promote competitive markets and greater consumer choice.
The Department of Justice and the FTC must annually report on antitrust complaints received from small businesses and the enforcement actions and investigations undertaken.
New reporting requirements are introduced to better assess the impact of antitrust actions on the growth and competitiveness of small businesses.
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Additional Information
Print number: 118_HR_5424
Sponsor: Rep. Scholten, Hillary J. [D-MI-3]
Process start date: 2023-09-13