Sec. 436. Establishment of interagency task force to address Chinese market manipulation in the United States
207 words·~1 min read·
/bill/116/s/4629/is/section-436A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Department of Justice, the Federal Trade Commission, and, as appropriate, other Federal agencies shall establish a joint interagency task force to investigate allegations of systemic market manipulation and other potential violations of antitrust and competition laws in the United States by companies established in the People’s Republic of China, including investigations to illegally capture market share, fix prices, and control the supply of goods in critical industries of the United States, including— the pharmaceutical and medical devices industry; the green energy industry; and the steel and aluminum industries.
Not later than 180 days after the date of enactment of this Act, the President shall provide to the Committee on Foreign Relations, the Committee on Finance, and the Committee on Commerce, Science, and Transportation of the Senate and the Committee on Foreign Affairs, the Committee on Ways and Means, and the Committee on Energy and Commerce of the House of Representatives— a briefing on the progress of the interagency task force and its findings as described in subsection (a); and recommendations to the committees on potential amendments to antitrust and competition laws in the United States that would strengthen the ability of United States antitrust enforcement agencies to bring actions against anticompetitive business practices by Chinese companies.