Legislative Bill · Avalon
Failed

Merger Policy Reform Act of 2021

Proposed by Cashmen · fronted by Simon Underwood
Failing
in the Parliament
Opened
26 Jul 2021
Voting closes
24 Sep 2021
Chambers
1 legislature
Articles
1 change

Rationale

Shifts focus to promoting economic growth via larger, efficient firms while reducing burdensome merger scrutiny for public benefit.

Proposed Changes

1

Competition & Monopolies
Previous law
Active competition enforcement
Permissive on mergers and scale

Timeline

  • Draft
    17 January 2021


  • Vote Open
    26 July 2021


  • Vote Closed
    24 September 2021


  • Did Not Become Law
    24 September 2021

Vote tally

Live tally across each chamber. Weighted by seats held.

Parliament

Failed
19Yes 45No 2Abstained 34Not voted 100 seats

For: 19 / 100 seats (19.0%)

Against: 45 · Abstained: 2 · Not voted: 34

50.1% of those voting must vote in favour (actual = 29.7%)
Party Seats Vote
Cashmen Proposer 8 Yes
Centrist Zone 11 Yes
Democratic Group 22 No
The Gaia Syndicate 23 No
Twin Avalon 2 Abstain

Voting record

Every vote must state a public reason. Most recent first.

No

“We would like to avoid business being controlled by two or three major corporations with the power to absorb every single competitor, so we will continue to support competition between companies”

Centrist Zone
Voted July 27, 2021
Yes

“We support this to boost business growth”

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