A bill to promote competition in the marketing of petroleum products by providing for a moratorium on further control or acquisition of marketing outlets by petroleum producers and refiners, and for other purposes.
Petroleum Marketing Moratorium Act - Imposes a moratorium on the further acquisition or control of retail petroleum marketing outlets by major petroleum producers, refiners, and those engaged in the transportation of petroleum products.
Sets forth criminal penalties for any person who knowingly violates this Act, and states that a violation by a corporation also constitutes a violation by the individual officers, directors, receivers, trustees, or agents of such corporations involved in authorizing, ordering or doing any acts constituting the violation by the corporation.
Establishes civil penalties for each day during which such violation continues.
Authorizes the Attorney General of the United States to bring actions to prevent or to remedy any violation of this Act.
Permits any person injured as a result of violation of this Act to bring an action to enforce compliance with the Act, and for any damages suffered as a result of such violation.
Introduced in Senate
Referred to Senate Committee on the Judiciary.
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