S2597-118

Introduced

To amend the Clayton Act to establish a new Federal commission to regulate digital platforms, including with respect to competition, transparency, privacy, and national security.

118th Congress Introduced Jul 27, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Clayton Act to establish a new Federal commission to regulate digital platforms, including with respect to competition, transparency, privacy, and national security., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Technology.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the Digital Consumer Protection Commission Act of 2023.
  • Section idf684861bc28d4a47aa87ae8b71e09f75: 101. Establishment of Digital Consumer Protection Commission The Clayton Act (15 U.S.C. 12 et seq.) is amended— by striking That (a) and inserting the...
  • Section id635bb3e55c914edea46b3466b81271a8: 1. The term
  • Section ide2b07d0a82e94b5b88f576a4bd2d05c5: 29. Any reference to this Act in this division shall be deemed to be a reference to this division. Any reference to the Clayton Act in any other provision of...
  • Section id67514C38FD5E469AB88337A81844758D: 2001. Table of contents The table of contents for this division is as follows:

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Clayton Act to establish a new Federal commission to regulate digital platforms, including with respect to competition, transparency, privacy, and national security., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Government Operations, Technology

Primary Purpose

This bill, To amend the Clayton Act to establish a new Federal commission to regulate digital platforms, including with respect to competition, transparency, privacy, and national security., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Government Operations Technology

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
financial institutions, investors, and borrowers:
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:
financial institutions, investors, and borrowers:

Legislative Progress

Introduced
Introduced Committee Passed
Jul 27, 2023

Ms. Warren (for herself and Mr. Graham) introduced the following …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Government Operations Technology
Actor Mappings
"the_commission"
→ The commission identified in the operative section

Key Definitions

Terms defined in this bill

6 terms
"operator, with respect to a platform," §id1A480A3E29384C1C84931D26417D44DC

a person that owns or controls the platform. The term personal data— means information collected through activity on a platform that identifies or is linked or reasonably linkable to— a user of the platform or any individual

"abusive act or practice" §id1ad52324b52e4d0c96a82bf59303ed35

any conduct that— materially interferes with the ability of a user of a platform owned or controlled by a covered entity to understand a term, condition, benefit, or consequence of an agreement between the covered entity and the user

"executive officer, with respect to a corporation," §id311543590de1463595edf01b00b48185

an individual who— is described in section 240.3b–7 of title 17, Code of Federal Regulations, or any successor thereto

"executive officer, with respect to a corporation," §id4ba34c84c522474d9943b93371513fda

an individual who— is described in section 240.3b–7 of title 17, Code of Federal Regulations, or any successor thereto

"Consumer Price Index" §ida695a646be064e8cba2dc95c19b9b876

the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics. The term dominant platform means a platform that— has been designated as a dominant platform under subsection (c)

"abusive act or practice" §idf684861bc28d4a47aa87ae8b71e09f75

any conduct that— materially interferes with the ability of a user of a platform owned or controlled by a covered entity to understand a term, condition, benefit, or consequence of an agreement between the covered entity and the user

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology