This bicameral and bipartisan legislation is supported by a broad coalition of labor, consumer, and public interest groups. As the Biden-Harris administration noted in its Statement of Administration Policy on this bill, H.R. 3843 would advance its ``critical mission'' to ``combat the excessive concentration of industry, the abuses of market power, and the harmful effects of monopoly and monopsony.'' Every single United States Senator--every Democrat, every Republican--agrees with this. It is only in this House that there are some people who, for unfathomable reasons, disagree. Madam Speaker, this bill is squarely in the tradition of the Sherman Act, the Clayton Act, and the Celler-Kefauver Act, and it should be passed. Madam Speaker, I urge all Members to support this important legislation, and I yield back the balance of my time. Ms. JACKSON LEE, Madam Speaker, I rise in support of H.R. 3843, the ``Merger Filing Fee Modernization Act of 2021,'' a bill to ensure fair treatment of small- and medium-sized businesses that are engaged in a merger. This bill enhances fairness by incentivizing mergers between small and medium-sized enterprises while simultaneously disincentivizing monopolization from larger corporations. Small and medium-sized enterprises, also known as SMEs, are integral to the U.S. economy.…
Jerry Nadler: “This bicameral and bipartisan legislation is supported by a broad coalition of labor, consumer, and public interest…”
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