Defense Contractor Competition Act
Summary
The Defense Contractor Competition Act mandates the Comptroller General to assess the competitive impact of mergers and acquisitions among defense contractors over the past decade. This assessment will be reported to congressional defense committees. The report will evaluate the effectiveness of remedies, information sharing, vertical integration measurement, and implementation of prior recommendations.
Expected Effects
The Act aims to enhance competition within the defense industry. It seeks to identify and address anticompetitive practices resulting from mergers and acquisitions. Ultimately, this could lead to better value for taxpayers and a more robust defense industrial base.
Potential Benefits
- Increased competition among defense contractors.
- Improved oversight of mergers and acquisitions.
- Enhanced information sharing between government agencies.
- Better measurement of the effects of vertical integration.
- Implementation of recommendations to enhance competition.
Potential Disadvantages
- Potential delays in the merger and acquisition process due to increased scrutiny.
- Increased administrative burden on the Comptroller General's office.
- Possible resistance from defense contractors to increased transparency.
- The assessment may not lead to concrete actions to address anticompetitive practices.
- The report's findings may be subject to political interpretation and debate.
Constitutional Alignment
The Act aligns with the Constitution's goal to "provide for the common defence." Article I, Section 8 grants Congress the power to raise and support armies and to provide and maintain a navy. Ensuring a competitive defense industry supports these powers by promoting efficiency and innovation in defense procurement.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).