In its 540-page report released April 3, the Antitrust Modernization Commission stopped short of explicitly calling on Congress to repeal insurers' antitrust exemption, but noted that it "strongly encourages" the review of the McCarran-Ferguson Act, which is currently underway in Congress. Congress created the bipartisan panel in 2002 to study how the nation's antitrust laws could be revamped. The AMC report states that where Congress does grant immunity, it should be limited in scope, it should come with a sunset date, and Congress should examine the effects of the immunity with the Federal Trade Commission and the Justice Department before renewal.