HR 3159 · 106th Congress · Agriculture and Food

Agribusiness Merger Moratorium and Antitrust Review Act of 1999

Introduced 1999-10-27· Sponsored by Rep. Pomeroy, Earl [D-ND-At Large]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Executive Comment Requested from USDA.(1999-11-03)

Plain Language Summary

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Moratorium on Large Agribusiness Mergers Title II: Agriculture Concentration and Market Power Review Commission Agribusiness Merger Moratorium and Antitrust Review Act of 1999 - Title I: Moratorium on Large Agribusiness Mergers - Prohibits (with waiver authority by the Attorney General) certain large dealers, processors, commission merchants, agricultural input suppliers, brokers, or operators of a warehouse from directly or indirectly acquiring voting securities or assets of other large agribusiness entities until the earlier of: (1) the effective date of comprehensive legislation addressing the problem of market concentration in the agriculture sector; or (2) 18 months after enactment of this Act. Title II: Agriculture Concentration and Market Power Review Commission - Establishes the Agriculture Concentration and Market Power Review Commission to: (1) study U.S. agricultural economy concentration; and (2) make recommendations on changes to antitrust and other laws to maintain a competitive marketplace for smaller producers and their communities. Authorizes appropriations.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

5 Democrats