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Code · BILL · 118th Congress · S. 2818 (Introduced in Senate) — To amend the Packers and Stockyards Act, 1921, to make unlawful acquisitions that would create monopolies, and for ot... · Sec. 2

Sec. 2. Unlawful activities under Packers and Stockyards Act, 1921

250 words·~1 min read·/bill/118/s/2818/is/section-2

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Section 202 of the Packers and Stockyards Act, 1921 ( 7 U.S.C. 192 ), is amended— in each of subsections
(a)through (f), by striking ; or at the end and inserting a period; in subsection
(e)(as amended by paragraph (1)), by inserting , in accordance with subsection
(b)before the period at the end; in subsection (f)— by striking
(1); by striking or
(2); and by striking
(3); in subsection (g), by striking made unlawful by subdivision (a), (b), (c), (d), or
(e)and inserting described in paragraphs
(1)through
(5); by redesignating subsections
(a)through
(g)as paragraphs
(1)through (7), respectively, and indenting appropriately; by striking the section designation and all that follows through It shall be unlawful in the matter preceding paragraph
(1)(as so redesignated) and inserting the following: It shall be unlawful ; in subsection
(a)(as so designated), in the matter preceding paragraph
(1)(as so redesignated), by striking to: and inserting to carry out the following activities: ; and by adding at the end the following: For purposes of subsection (a)(5), an acquisition shall be deemed to create a monopoly if the acquisition would— result in a Herfindahl-Hirschman Index greater than 1,800 in any relevant market; or increase the Herfindahl-Hirschman Index by more than 100 in any relevant market. Any acquisition deemed to create a monopoly under paragraph
(1)shall be considered a violation of section 7 of the Clayton Act ( 15 U.S.C. 18 ). .
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Sec. 2
Unlawful activities under Packers and Stockyards Act, 1921
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