United States of America: Tougher Enforcement Against Monopolies Act (TEAM Act)
Progress
Current status
rejected
03 Jan 2023 rejected
14 Jun 2021 under deliberation
Scope
Implementers
United States of America
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
cross-cutting
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Rejected Tougher Enforcement Against Monopolists Act (TEAM Act)
On 3 January 2023, the Tougher Enforcement Against Monopolists Act (TEAM Act) (S.2039) was rejected after failing to pass before the 117th Congress adjourned.
SourceEvent type
law
Action type
rejection
Government branch
legislature
Government body
parliament
Introduction of Tougher Enforcement Against Monopolies Act (TEAM Act) in US Senate
On 14 June 2021, Senators Mike Lee (R-UT) and Chuck Grassley (R-IA) introduced the Tougher Enforcement Against Monopolies Act (TEAM Act) in the United States Senate. The Bill aims to reform the US antitrust laws and strengthen the enforcement power …
SourceEvent type
law
Action type
introduction
Government branch
legislature
Government body
parliament