Search Results: keywords:"market competition"

  • H. R. 9021 — To amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for prescription drugs.
    Status:Introduced in House
    Words:519

    H. R. 9021 proposes an amendment to the Internal Revenue Code of 1986 that would prevent companies from deducting expenses related to direct-to-consumer advertising of prescription drugs from their taxes. This means that businesses will no longer receive a tax break for money...

    Simple Explanation

    H. R. 9021 is a proposed rule that would stop drug companies from getting a tax discount for showing ads on TV or the internet to sell their medicines. This means they might spend less money on commercials, and people might see fewer ads about medicines.

  • S. 5436 — To provide for certain requirements relating to cloud, data infrastructure, and foundation model procurement.
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    Status:Introduced in Senate
    Words:1,224

    S. 5436, introduced by Ms. Warren and Mr. Schmitt, is a bill that aims to ensure fair competition and security in the procurement of cloud, data infrastructure, and artificial intelligence (AI) solutions by the Department of Defense. It sets requirements for competitive...

    Simple Explanation

    S. 5436 is a bill that makes sure the government buys cloud and AI tools fairly and safely. It says that the Department of Defense has to pick from different companies to keep everything fair and must keep data safe from being used wrongly.

  • S. 4691 — To amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for prescription drugs.
    Status:Introduced in Senate
    Words:588

    S. 4691, also known as the “No Tax Breaks for Drug Ads Act,” seeks to amend the Internal Revenue Code to prevent companies from deducting expenses related to advertising prescription drugs directly to consumers. This includes ads that appear in various media such as...

    Simple Explanation

    The bill is about stopping companies from getting money back on their taxes for the money they spend on ads for medicines you can get with a doctor's permission. This means if the bill passes, companies can't count these advertising costs to lower their tax bills.

  • S. 4290 — To permit voluntary economic activity.
    Status:Introduced in Senate
    Words:198

    S. 4290, also known as the "Antitrust Freedom Act of 2024," proposes changes to United States antitrust laws. It stipulates that the Sherman Act, the Clayton Act, and certain sections of the Federal Trade Commission Act should not be interpreted to prohibit voluntary economic...

    Simple Explanation

    S. 4290 wants to let people and groups make deals together without worrying about breaking some big rules that stop businesses from getting too big and unfair, but some people think this could let bad behaviors, like making everything cost too much, happen too easily.

  • S. 4291 — To repeal the limitations on multiple ownership of radio and television stations imposed by the Federal Communications Commission, to prohibit the Federal Communications Commission from limiting common ownership of daily newspapers and full-power broadcast stations, and for other purposes.
    Status:Introduced in Senate
    Words:1,115

    S. 4291 aims to change how the Federal Communications Commission (FCC) regulates ownership of media outlets in the United States. The bill would remove FCC limits on how many radio and TV stations a person or company can own, and also stop the FCC from restricting common...

    Simple Explanation

    This bill wants to let one person or company own more radio and TV stations, as well as newspapers, without getting in trouble with the rules, but some people worry this might make it harder for different voices to be heard. It also tries to make sure big companies don't take over everything, but doesn't clearly say how that will work.