A bill to amend the Federal Trade Commission Act (15 U.S.C. 44, 45) to provide that exclusive territorial arrangements used in the distribution or sale of private label food products shall not be deemed per se unlawful, but shall be judged under the rule of reason standard.

Provides that nothing in the Federal Trade Commission Act or in any of the antitrust laws shall render unlawful per se the inclusion and enforcement in any contract, providing for the distribution or sale of a trademarked private label food product, of provisions granting a party to such contract the exclusive right to sell or distribute such product in a defined geographical area. States that nothing in this Act shall impair the Federal Trade Commission Act or any of the antitrust Acts from being applied to such provisions under the rule of reason.

Defines "trade-marked private label food product."