A bill to amend the Federal Trade Commission Act (15 U.S.C. 41 et. seq.) to provide that under certain circumstances exclusive territorial arrangements shall not be deemed unlawful.

Allows the inclusion and enforcement in any trademark licensing contract or agreement, pursuant to which the licensee engages in the manufacture, distribution, and sale of a trademarked food product, of provisions granting the licensee the sole and exclusive right to manufacture, distribute, and sell such product in a defined geographic area or limiting the licensee, directly or indirectly, to the manufacture, distribution, and sale of such product only for ultimate resale to consumers within a defined geographic area, provided specific conditions of competition are maintained.