CLEAN Mergers Act

This bill would require companies that completed mergers or acquisitions worth $10 billion or more between January 20, 2025, and January 19, 2029, to undo (divest) those deals, unless they prove in court that the deal met conditions on market concentration, prices, output, jobs, and compliance. For smaller deals in that period, federal agencies or state attorneys general could review whether the approval involved conditions such as improper contacts, misstatements, or overruled staff recommendations, and could then require divestiture. Companies involved would have to preserve records of communications with federal officials, and courts could appoint trustees and impose daily fines or triple damages for failing to divest. The bill also extends the time limit to file private antitrust lawsuits from four years to 10 years.

Full text and official record on Congress.gov

Sponsors

• Cory A. Booker Democrat sponsor
• 4 cosponsors