A bill to amend the Sherman Act regarding retail competition.
Retail Competition Enforcement Act of 1987 - Amends the Sherman Act to set forth evidentiary standards for price-fixing actions. Requires the court to allow the issue of concerted action to fix prices to be decided by the trier of fact if there is sufficient evidence from which a trier of fact could reasonably conclude that: (1) the supplier of a good or service received from a competitor of a reseller an express or implied suggestion, request, or demand that the supplier take steps to curtail or eliminate price competition; and (2) sales or supplies to the reseller were terminated by the supplier because of such communication. Provides that the fact that a supplier and a reseller entered into an agreement to establish the resale price of a good or service shall be sufficient to constitute a price fixing violation.
Introduced in Senate
Read twice and referred to the Committee on Judiciary.
Committee on Judiciary. Hearings held.
Committee on Judiciary. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Judiciary. Reported to Senate by Senator Byrd for Senator Biden with an amendment in the nature of a substitute. With written report No. 100-280. Minority views filed.
Committee on Judiciary. Reported to Senate by Senator Byrd for Senator Biden with an amendment in the nature of a substitute. With written report No. 100-280. Minority views filed.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 525.
Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 62-28. Record Vote No: 196.
Roll Call #196 (Senate)Measure laid before Senate.
Considered by Senate.
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