September 17, 2014
House Judiciary Committee Acts to Harmonize Antitrust Review Standards & Processes
As noted in this Akin Gump memo, on September 10, the House Judiciary Committee passed, by voice vote, legislation to eliminate certain disparities to antitrust review by the DOJ and FTC. The Standard Merger and Acquisition Reviews Through Equal Rules Act (SMARTER Act), H.R. 5402, introduced by Rep. Blake Farenthold (R-TX), would codify certain recommendations included in a 2007 report by the Antitrust Modernization Commission.