A Bill to Define Monopolies to More Properly Enforce Antitrust Laws

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Title of Legislation * A Bill to Define Monopolies to More Properly Enforce Antitrust Laws
Designation * Super Session
Date of Congress * 3/17/18
* BE IT ENACTED BY THE CONGRESS HERE ASSEMBLED THAT:
2 Section 1. No individual company or individual may control more than 46% of the total stocks in providing a particular good or service in any one of the 11 sectors of the U.S stock market.
3 Section 2. “Particular good or service” is defined as any non-brand-specific corporeal object or system providing a public need organized and distributed by a company.
4 “11 sectors of the stock market” shall be defined as any one of the following major sectors that shares are traded for in the Stock Exchange: Financials, Utilities, Consumer Discretionary, Consumer Staples, Energy, Healthcare, Industrials, Technology,
5 Telecom, Materials, Real Estate.
6 Section 3. The Department of Commerce shall be responsible for the implementation of this legislation.
7 A. Companies which control more than 46% of the total stocks in providing a particular good or service will be forced to split into smaller companies providing that same good or service or sell assets until none of these companies control more than 46%
8 of the total stocks in providing a particular good or service. This split/sale must be completed by April 16th, 2019.
9 B. Individuals who control more than 46% of total stocks in companies proving the same particular good or service must sell these shares until they control 46% or less of these stocks.
10 Section 4. This bill shall be implemented on April 16,2018.
11 Section 5. All laws in conflict with this legislation are hereby declared null and void.
Respectfully Submitted, Name of School * Respectfully Submitted by Christ the King High School

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