United States of America: Introduced Senate Merger Filing Fee Modernisation Act (S 228)
Description
Introduced Senate Merger Filing Fee Modernisation Act (S 228)
On 4 February 2021, the "Merger Filing Fee Modernization Act of 2021" was introduced to the United States (US) Senate. The Bill aims to change the graduated merger filing fees that entities have to pay to the Federal Trade Commission (FTC). The fees would be calculated yearly and adjusted according to the Consumer Price Index. The Bill also outlines how larger merger acquisition requests need to be sent to the FTC as well as the Department of Justice (DOJ) for approval.
Original sourceScope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2021-02-04
under deliberation
2022-06-11
under deliberation
2022-12-22
under deliberation
2022-12-23
adopted
2022-12-29
in grace period