A bill 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.
Referred to the House Committee on the Judiciary.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S5683)
Read twice and referred to the Committee on the Judiciary.
Referred to Subcommittee on Antitrust, Business Rights, and Competition.
Committee on the Judiciary Subcommittee on Antitrust, Business Rights, and Competition. Approved for full committee consideration without amendment favorably.
Committee on the Judiciary. Ordered to be reported without amendment favorably.
Committee on the Judiciary. Reported by Senator Hatch without amendment. Without written report.
Committee on the Judiciary. Reported by Senator Hatch without amendment. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 821.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line