A bill to amend the Clayton Act to preserve and promote competition among corporations in the production of oil, natural gas, coal, oil shale, tar sands, uranium, geothermal steam, and solar energy.
Interfuel Competition Act - Makes it unlawful for any oil company: (1) to acquire any coal, oil shale, tar sands, uranium, geothermal steam, and solar energy asset after the enactment of this Act; or (2) to own or control any coal, oil shale, tar sands, uranium, geothermal steam, and solar energy asset after the expiration of three years after the enactment of this Act.
Requires that each oil company which owns or controls any such energy asset shall file with the Attorney General and the Chairman of the Federal Trade Commission such reports respecting its energy assets.
Directs the Attorney General and/or the Chairman of the Federal Trade Commission to commence a civil action for appropriate relief whenever any person violates the provisions of this Act.
Referred to House Committee on the Judiciary.
Introduced in House
Introduced in House
Referred to House Committee on the Judiciary.
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