Gasohol Competition Act of 1980

(Measure passed House, amended)

Gasohol Competition Act of 1980 - Amends the Clayton Act to prohibit the direct or indirect restriction by any person engaged in commerce on the use of credit instruments in any transaction concerning the sale, resale, or transfer of gasohol or other synthetic motor fuel of equivalent usability where there is no similar restriction on transactions concerning conventional motor fuel. Allows such person to impose a credit fee for such sale or transfer, provided such fee does not exceed the actual costs of extending the credit.

Prohibits any other condition, restriction, agreement, or understanding which otherwise discriminates against or unreasonably limits the sale, resale, or transfer of gasohol or other synthetic motor fuel of equivalent usability.

Exempts any person from such prohibition who makes sufficient supplies of gasohol and such synthetic fuels available to customers on the equivalent terms and conditions as such person's conventional motor fuel products.

Provides that nothing in this Act: (1) precludes such person from requiring labeling of pumps dispensing gasohol or synthetic fuel to indicate that such fuels are not manufactured, distributed, or sold by such person; (2) precludes such person from issuing disclaimers of product liability for damage resulting from the use of such fuels; (3) requires such person to provide advertising for such fuels; or (4) requires such person to furnish additional pumps or facilities for the sale of such fuels.