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H. Rept. 115-412 1 (2017-11-15)

handle is hein.congrecreports/crptxaauh0001 and id is 1 raw text is: AUTHENTICATEO U.S. GOVERNMENT INFORMATION Gp 115TH CONGRESS REPORT 1st Session HOUSE OF REPRESENTATIVES 115-412 STANDARD MERGER AND ACQUISITION REVIEWS THROUGH EQUAL RULES ACT OF 2017 NOVEMBER 15, 2017.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. GOODLATTE, from the Committee on the Judiciary, submitted the following REPORT together with DISSENTING VIEWS [To accompany H.R. 659] [Including cost estimate of the Congressional Budget Office] The Committee on the Judiciary, to whom was referred the bill (H.R. 659) to amend the Clayton Act and the Federal Trade Com- mission Act to provide that the Federal Trade Commission shall ex- ercise authority with respect to mergers only under the Clayton Act and only in the same procedural manner as the Attorney General exercises such authority, having considered the same, report favor- ably thereon without amendment and recommend that the bill do pass. CONTENTS Page Purpose and Sum m ary ........................................................................................... 2 Background and Need for the Legislation ............................................................ 2 H earings ................................................................................................................... 6 Com m ittee Consideration ....................................................................................... 6 C om m ittee V otes ...................................................................................................... 6 Com m ittee Oversight Findings ............................................................................... 7 New Budget Authority and Tax Expenditures ...................................................... 8 Congressional Budget Office Cost Estimate .......................................................... 8 Duplication of Federal Program s ........................................................................... 9 Disclosure of Directed Rule M akings .................................................................... 9 Performance Goals and Objectives ......................................................................... 9 Advisory on Earm arks ............................................................................................ . 9 Section-by-Section Analysis ................................................................................... . 9 79-006