A bill to provide for a 1-year moratorium on further control or acquisition of marketing outlets by petroleum producers and refiners.
Fair Marketing of Petroleum Products Act - Prohibits a person who is a major market shareholder as defined in the Emergency Petroleum Allocation Act of 1973 from commencing or expanding the operation of any distributorship or retail establishment whose personnel are under the control of such major market shareholder for a one-year period beginning on the date of enactment of this Act.
Declares that persons who are injured or about to be injured by such prohibited conduct may maintain a civil action in the United States district court without regard to the amount in controversy. Authorizes the court to direct that costs for such action be paid by the defendant unless such civil action is frivolous.
Imposes criminal penalties for knowing violations of this Act of up to $1,000,000 in the case of a corporation and up to $100,000 in the case of any other person.
Introduced in House
Introduced in House
Referred to House Committee on Interstate and Foreign Commerce.
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