A bill to require the Federal Trade Commission to monitor the industries which produce supplies from, and hold reserves of, energy sources and, under certain circumstances, to take action to prevent noncompetitive market situation from evolving or continuing, and for other purposes.
Competitive Energy Development Act - Directs the Federal Trade Commission, in consultation with the Department of Energy, to establish criteria to measure the level of competition in alternative energy source markets as such markets are defined in this Act. Requires the Commission to conduct monitoring studies of the energy industry by applying such criteria in order to isolate any violations thereof. Permits the Commission to exercise its authority to remedy an anticompetitive situation where a person is deemed responsible for any violation after a show cause hearing.
Referred to House Committee on Interstate and Foreign Commerce.
Introduced in House
Introduced in House
Referred to House Committee on Interstate and Foreign Commerce.
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