Establishes an Antitrust Review and Revision Commission to study the antitrust laws of the United States, their applications, and their consequences, including the effect of antitrust laws on: (1) price levels; product quality and services; (2) employment, productivity, and profits; and (3) economic growth. Requires, in addition, that the Commission study and report on: (1) the cost and effect of exemptions from the antitrust laws; and (2) the effect of State laws that inhibit competition or protect anticompetitive activities.
Specifies the membership, method of appointment, and manner of compensation of the members of the Commission.
States that the Commission shall make a report of its findings and conclusions no later than two years after its first meeting, and that the Commission shall cease to exist 60 days after the submission of such report.
Authorizes appropriations in such amount as may be necessary to carry out the activities of the Commission.
States the effective date of this Act.
Introduced in Senate
Placed on calendar in Senate.
Call of calendar in Senate.
Measure considered in Senate.
Passed/agreed to in Senate: Measure passed Senate, amended.
Measure passed Senate, amended.
Referred to House Committee on the Judiciary.
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