What does Preamble of Antitrust Accountability and Transparency Act do?

This bill proposes to amend section 5 of the Clayton Act. The proposed amendment would include proposed voluntary dismissals in the court's consideration of proposed consent judgments. The bill also aims to clarify the public interest.

What does SHORT TITLE. of Antitrust Accountability and Transparency Act do?

This bill is formally titled the Antitrust Accountability and Transparency Act.

What does AMENDMENTS. of Antitrust Accountability and Transparency Act do?

This section amends the Clayton Act and related provisions to modify procedures related to antitrust enforcement. Changes include adjustments to deadlines, from 60 days to 45 days in several subsections. The amendments clarify procedures for consent judgments, including requirements for publication and court review. New provisions address the handling of assets during the waiting period for transactions, including potential civil penalties for violations. The court's determination regarding consent judgments is now within its discretion and need not defer to the United States's predictions. Procedures are established for voluntary dismissals of antitrust proceedings, including a 45-day publication and stay period. State attorneys general are given the opportunity to substitute themselves in proceedings during the voluntary dismissal period. The amendments expand the scope of required disclosures related to communications between parties and government officials. References to the United States and the Attorney General are deemed to include the Federal Trade Commission.

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Antitrust Accountability and Transparency Act

Last updated: 3/17/2026 · Introduced: 3/17/2026

Author: Amy Klobuchar (D-MN)

TL;DR (AI)

This bill amends the Clayton Act to require publication and a stay period for voluntary dismissals of antitrust proceedings, allowing state attorneys general to intervene.
The legislation modifies procedures for consent judgments, including court review and publication requirements, and removes the court's obligation to defer to the United States' predictions.
It expands disclosure requirements regarding communications between parties and government officials and extends the reach of antitrust enforcement to include the Federal Trade Commission.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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