Political Quotes

“I have an amendment at the desk. The SPEAKER pro tempore. The Clerk will designate the amendment. The text of the amendment is as follows: Page 2, line 9, strike ``7'' and insert ``15''. Page 3, strike lines 2 through 10, and insert the following: (A) in subsection (a) by inserting ``or a proceeding brought by the Federal Trade Commission under section 15'' after ``United States under the antitrust laws''; and (B) in subsection (i) by inserting ``or a proceeding instituted by the Federal Trade Commission under section 15'' after ``antitrust laws''; Page 3, strike lines 11 through 22, and insert the following: (3) Section 11 of the Clayton Act (15 U.S.C. 21) is amended-- (A) in subsection (b) by striking ``Whenever'' and inserting ``Except as provided in subsection (m), whenever'', and (B) by adding at the end the following: ``(m) The Federal Trade Commission may not use the procedures for administrative adjudication set forth in subsection (b) of this section to prevent the consummation of a proposed merger, acquisition, joint venture, or similar transaction that is subject to section 7, unless the complaint is accompanied by a consent agreement between the Commission and a party to the transaction that resolves all the violations alleged in the complaint. The Federal Trade Commission may institute proceedings in a district court under section 15 to prevent the consummation of such a transaction.…”