CLEAN Mergers Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4434 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4434 To amend the Clayton Act to provide for the divestiture of certain transactions, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 29, 2026 Mr. Booker (for himself, Ms. Warren, Mr. Heinrich, Mr. Murphy, and Ms. Hirono) introduced the following bill; which was read twice and referred to the Committee on the Judiciary _______________________________________________________________________ A BILL To amend the Clayton Act to provide for the divestiture of certain transactions, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Correcting Lapsed Enforcement in Antitrust Norms for Mergers Act'' or the ``CLEAN Mergers Act''. SEC. 2. DIVESTITURE OF THRESHOLD TRANSACTIONS; REVIEW OF ENFORCEMENT- LAPSE TRANSACTIONS. The Clayton Act (15 U.S.C. 12 et seq.) is amended by inserting after section 7A (15 U.S.C. 18a) the following: ``SEC. 7B.(A) IN THIS SECTION-- ``(1) the term `agencies' means the Department of Justice, the Federal Trade Commission, the Federal Communications Commission, the Department of Transportation, and the Surface Transportation Board; ``(2) the term `court' means any district court of the United States having jurisdiction over parties seeking a declaratory judgment or other relief pursuant to this Act; ``(3) the term `covered period' means the period beginning on January 20, 2025, and ending on January 19, 2029; ``(4) the term `enforcement-lapse transaction' means any transaction consummated during the covered period that is not a threshold transaction; ``(5) the term `HHI' means the Herfindahl-Hirschman Index; ``(6) the term `relevant market' has the meaning given the term in the