Basic Industries Merger, Acquisition, and Joint Ventures Study and Moratorium Act

[AI summary unavailable — showing source text] Basic Industries Mergers, Acquisitions, and Joint Ventures Study and Moratorium Act - Amends the Federal Trade Commission Act to require the Federal Trade Commission to conduct a comprehensive study and report to the President and Congress on the trend, causes, and effects of mergers, acquisitions, and joint ventures involving petroleum companies, leading domestic automobile companies, and leading foreign automobile companies. Permits the Commission to designate other industries for inclusion in such study upon finding that mergers, acquisitions, or joint ventures involving companies in such an industry threaten national security, competition, employment, economic stability, innovation, or international competitiveness. Directs the Commission to evaluate specifically: (1) the trend of major energy concerns to acquire domestic petroleum supplies by acquiring domestic petroleum companies rather than through exploration and development of new petroleum reserves; and (2) the trends of domestic automobile manufacturers to import automobiles and components and to enter into joint ventures with foreign automobile manufacturers for marketing or production. Prohibits, during the period begi…