,i  #aaeth ,,congress  #b;d ,session    
,h4 ,r4 #efcj  ,,in ,,the ,,house ,,of  
,,representatives  ,april #bf1 #bjah,mr4
 ,cicilline 7for himself1 ,mr4 ,nadler1 
,mr4 ,ellison1 and ,mr4 ,crowley7       
introduced the following bill2 which was
 referred to the ,committee on the      
,judiciary1 and in addition to the      
,committee on ,education and the        
,workforce1 for a period to be          
subsequently determined by the ,speaker1
 in each case for consideration of such 
provisions as fall within the           
jurisdiction of the committee concerned 
,a ,,bill  ,to amend the ,clayton ,act  
to clarify that an acquisition that     
tends to create a monopsony violates the
 ,clayton ,act4  #a4 ,short title ,this 
,act may be cited as the ,economic      
,freedom and ,financial ,security for   
,working ,people ,act of #bjah4  #b4    
,findings and purpose  7a7 ,findings    
,congress finds the following3  7#a7    
,competition is a critical for promoting
 innovation and entrepreneurship1       

creating economic opportunity and       
spurring growth1 promoting an equitable 
distribution of wealth1 and ensuring    
choice for consumers and workers4  7#b7 
,growing concerns over declining        
competition are driven by evidence of   
higher levels of concentration1 slower  
rates of market entry1 and widening     
inequality gaps4 ,evidence also shows a 
decline in business dynamism1 which     
reduces the mobility of workers4  7#c7  
,in competitive labor markets1 employers
 compete hard to provide better wages1  
benefits1 and conditions for workers4   
,in the absence of competition1         
employers in concentrated labor markets 
have monopsony power4 ,if exercised1    
monopsony power allows employers to     
dictate wages and other critical factors
 to the detriment of workers4 ,employers
 with market power may also use         
anticompetitive contracts to restrict   
the opportunity and mobility of workers4
  7#d7 ,much like monopoly power1 the   
exercise of monopsony power can harm    

workers1 consumers1 innovation1 and     
economic growth4  7#e7 ,the antitrust   
laws are an important tool for promoting
 competition in all markets1 including  
markets for consumer goods and services1
 and for inputs1 including labor4  7b7  
,purpose ,the purpose of this ,act is to
 promote working ,americans' economic   
opportunity by ensuring that they have  
the full benefit of competition by      
amending the ,clayton ,act to include   
the term monopsony to clarify that an   
acquisition that tends to create a      
monopsony violates the ,clayton ,act4   
#c4 ,unlawful acquisitions that tend to 
create a monopsony ,section #g of the   
,clayton ,act 7#ae ,u4,s4,c4 #ah7 is    
amended by inserting or a monopsony     
after monopoly each place that term     
appears4  #d4 ,study on monopsony power 
in labor markets ,not later than #b     
years after the date of enactment of    
this ,act1 the ,comptroller ,general of 
the ,united ,states shall conduct and   
publish a study incorporating public    

comment on the economic and social      
effect of rising concentration in labor 
markets1 including the impact of        
monopsony power on the wages and        
benefits1 mobility1 and income equality 
of workers1 including employees and     
independent contractors4