Sec. 7. GAO studies
148 words·~1 min read·
/bill/118/s/4308/is/section-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 18 months after the date of enactment of this Act, the Comptroller General of the United States shall— conduct and publish a study to assess the success of merger remedies required by the Department of Justice or the Federal Trade Commission in consent decrees entered into during the 8-year period ending on the date on which the study is conducted, including the impact on maintaining competition, a comparison of structural and conduct remedies, and the viability of divested assets; and conduct a study on the impact of mergers and acquisitions on wages, employment, innovation, and new business formation.
The Comptroller General of the United States shall— update the study under subsection (a)(1) every 4 years after the date of enactment of this Act, as added by section 5 of this Act; and identify specific remedies or alleged merger benefits that require additional information or research.