What does Preamble of Main Street Competes Act do?

This bill amends the Small Business Economic Policy Act of 1980. The bill aims to examine the impact of Federal antitrust laws on the competitiveness of small businesses.

What does SHORT TITLE. of Main Street Competes Act do?

This bill is formally titled Main Street Competes Act

What does CONGRESSIONAL DECLARATION OF SMALL BUSINESS ECONOMIC POLICY. of Main Street Competes Act do?

This section amends Section 302(a) of the Small Business Economic Policy Act of 1980. The amendment removes the phrase 'and provide' and replaces the period at the end with a semicolon and additional text. The added text directs promotion of competitive markets, consumer choice, and business ownership through enforcement of Federal antitrust laws. The enforcement is specifically targeted at anticompetitive conduct and illegal mergers that harm small businesses and their growth.

What does STATE OF SMALL BUSINESSES. of Main Street Competes Act do?

This section amends the Small Business Economic Policy Act of 1980. It requires specified entities (the Department of Justice and the Federal Trade Commission) to submit reports on how their enforcement of Federal antitrust laws affects small businesses. These reports must include an analysis of antitrust enforcement, complaint data, and enforcement actions related to small businesses. The Chief Counsel for Advocacy of the Small Business Administration then summarizes these reports and provides an analysis and recommendations. The bill defines key terms including 'antitrust violation,' 'Federal antitrust laws,' 'small business,' and 'specified entity'.

Back to bills

Main Street Competes Act

Last updated: 6/24/2026 · Introduced: 5/19/2026

Author: Hillary Scholten (D-MI)

TL;DR (AI)

This bill amends existing law to direct the promotion of competitive markets and business ownership through antitrust law enforcement, specifically targeting anticompetitive conduct and illegal mergers that harm small businesses.
It mandates regular reports from specified entities analyzing how antitrust law enforcement impacts small businesses, focusing on competition and anticompetitive conduct.
The Small Business Administration's Chief Counsel for Advocacy must compile and submit these reports to Congress, including recommendations for actions to foster competition and prevent anticompetitive practices.

119th Congresspassed houseOfficial page

Verified Votes

No verified votes yet.

Community Votes

No community votes yet. Be the first!

Voting as guest · Sign in for verified votes

Other Sections

Includes provisions on preamble, short title., and 2 more.

4 sections

Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.

Read official text

Want the full experience?

Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.

Create Free Account