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 situations from evolving or continuing, and for other purposes.
Competitive Energy Development Act of 1979 - Directs the Federal Trade Commission, in consultation with the Department of Energy, to establish, and periodically amend, criteria to measure the level of competition in alternative energy source markets. Specifies criteria requirements. Requires the Commission to make continuing monitoring studies applying the established criteria to the energy industry in order to isolate criteria violations, which may be the basis for a show cause hearing on possible noncompetitive or anticompetitive situations.
Requires the Commission to issue an annual report on competition and trends in the energy industries.
Introduced in House
Introduced in House
Referred to House Committee on Interstate and Foreign Commerce.
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