; and (4) in section 20(c)(1) ( 15 U.S.C. 57b–1(c)(1) ), by inserting or under section 7 of the Clayton Act ( 15 U.S.C. 18 ), where applicable, after Act, . 104. Effective date; application of amendments (a) Effective date Except as provided in subsection (b), this title and the amendments made by this title shall take effect on the date of the enactment of this Act. (b) Application of amendments The amendments made by this title shall not apply to any of the following that occurs before the date of enactment of this Act: (1) A violation of section 7 of the Clayton Act ( 15 U.S.C. 18 ). (2) A transaction with respect to which there is compliance with section 7A of the Clayton Act ( 15 U.S.C. 18a ). (3) A case in which a preliminary injunction has been filed in a district court of the United States. II Federal Com­mu­ni­ca­tions Commission Merg­er Process Reform 201. Time limits for Commission action on transfers and assignments Title IV of the Communications Act of 1934 ( 47 U.S.C. 401 et seq.) is amended by adding at the end the following: 417. Time limits for Commission action on transfers and assignments (a) Definition In this section, the term covered application means an application for the transfer of control or assignment of any license or authorization subject to the jurisdiction of the Commission. (b) Requirements (1) In general Notwithstanding any other provision of law, including section 309(e), the Commission— (A) shall approve or deny a covered application