Federal Policy
Congress Advances Antitrust Settlement Oversight
March 18, 2026
Congressional leaders including Senators Peter Welch, Amy Klobuchar, and Representative Jamie Raskin have introduced the Antitrust Accountability and Transparency Act to strengthen judicial review of antitrust settlements. This legislation extends Tunney Act review authority to the Federal Trade Commission (FTC), enhances disclosure requirements, mandates hold-separate provisions during settlement reviews, and empowers state attorneys general to intervene. The bill aims to ensure that antitrust settlements prioritize consumer, worker, and small business interests over special interests, addressing concerns raised by recent weak settlements such as the Live Nation-Ticketmaster case.
- Why this matters: Procurement professionals should anticipate increased scrutiny and transparency in antitrust settlements affecting government contractors and vendors.
- The expanded FTC review and state attorney general involvement may lead to more rigorous settlement conditions impacting market competition.
- Organizations engaged in government contracting should evaluate potential impacts on merger and acquisition activities and compliance obligations.
- This development signals a legislative trend toward greater accountability in antitrust enforcement that could influence future procurement policies and contract evaluations.
The Antitrust Accountability and Transparency Act restores the idea that antitrust enforcement must serve the people not conglomerates and special interests with Beltway lobbyists.
— Representative Jamie Raskin
This bill which has support from antitrust enforcers from both sides of the aisle ensures that courts have the tools to independently review settlements and approve only those that benefit the American people.
— Senator Amy Klobuchar
When there is a bad merger deal, it is consumers and small businesses who foot the bill facing higher prices and fewer choices as a result.
— Senator Peter Welch
Agencies
Federal Trade Commission, U.S. Department of Justice, Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, Senate Judiciary Subcommittee on Privacy, Technology, and the Law, House Judiciary Committee
Vendors
Live Nation-Ticketmaster