S. 228Merger Filing Fee Modernization Act of 2021

Sen. Amy Klobuchar (D-MN) and Sen. Chuck Grassley (R-IA)

Sen. Richard Durbin (D-IL)

Introduced: April 2, 2021
Status: The Senate Committee of the Judiciary voice-voted approved and advanced the bill in May 2021.

Description

The “Merger Filing Fee Modernization Act of 2021” would update all filing fees for mergers, including a substantial increase for high-value transactions. The bill would also boost the Federal Trade Commission’s budget to $418 million, and the Department of Justice Antitrust Division’s budget to $252 million.

Our Position

We support this bill

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