To amend the Sherman Act to make oil-producing and exporting cartels illegal.
Denies a foreign state engaged in such conduct sovereign immunity from the jurisdiction or judgements of U.S. courts in any action brought to enforce this Act.
States that no U.S. court shall decline, based on the act of state doctrine, to make a determination on the merits in an action brought under this Act.
Authorizes the Attorney General and the Federal Trade Commission to bring an action in U.S. district court to enforce this Act.
(Sec. 3) Amends the Federal judicial code to make an exception to the jurisdictional immunity of a foreign state in an action brought under this Act.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 821.
Introduced in House
Introduced in House
Referred to the House Committee on the Judiciary.
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