Sec. 5. Studies required
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The Comptroller General of the United States, in consultation with the Federal Trade Commission Bureau of Economics Merger Retrospective program, shall conduct a retrospective analysis of the effect of consolidation on the manufacturing industry in the United States between 1975 and 2025, including— the amount of consolidation in the manufacturing industry of the United States; the effect of consolidation on the unionized workforce of the manufacturing industry; the effect of consolidation on prices for goods manufactured in the United States; the effect of consolidation on product variety, quality, innovation, consumer welfare, and firm efficiency for goods manufactured in the United States; the extent to which consolidation has led to offshoring of manufacturing jobs previously located in the United States; and the effect of consolidation on the manufacturing labor force, including on wages and the ability of the labor force to bargain for wages and benefits.
Not later than 2 years after the date of enactment of this Act, the Comptroller General of the United States shall conduct and publish a study incorporating public comment on the economic and social effect of rising concentration in labor markets, including the impact of reduced worker bargaining power on the wages and benefits, mobility, and income equality of workers, including employees and independent contractors. There is authorized to be appropriated $5,000,000 to carry out the studies under subsections
(a)and (b).