H.R. 8882 · Passed House · Commerce
Main Street Competes Act
Sponsor: Hillary J. Scholten (D-MI)
What it does
- Require the DOJ and FTC to report biennially to the SBA on their antitrust enforcement actions and their impact on competition and small businesses.
- Mandate that DOJ and FTC reports include the number of antitrust inquiries, investigations, and enforcement actions conducted by each agency.
- Direct the SBA to report to Congress a summary of DOJ and FTC reports with recommendations for administration actions to promote competition and deter anticompetitive conduct.
Official summary
Main Street Competes Act This bill requires the Department of Justice (DOJ) and the Federal Trade Commission (FTC) to separately report biennially to the Small Business Administration (SBA) on how such agency's enforcement of federal antitrust law has promoted competition and deterred anticompetitive conduct that harms small businesses. The reports must include the number of antitrust inquiries, investigations, and enforcement actions conducted by the agencies. Further, the SBA must report to Congress a summary of the DOJ and FTC reports that includes, as appropriate, recommendations for administration actions that may promote competition and deter anticompetitive conduct. The bill replaces a requirement that the President report annually to Congress about the role of small businesses in the economy on an industry-by-industry basis.
Latest action
Jun 24, 2026: Received in the Senate and Read twice and referred to the Committee on the Judiciary.
Committee: Senate Judiciary