A bill to clarify the application of the Clayton Act and the Federal Trade Commission Act with respect to certain joint ventures which promote the international competitiveness of United States businesses.
International Joint Venture Act of 1981 - Declares that certain provisions of the Clayton Act and the Federal Trade Commission Act do not prohibit an individual or organization of the United States from participating in a joint venture which: (1) is composed of only such U.S. person and one or more foreign persons; (2) does not engage in any line of commerce in the United States in which such foreign person is already engaged; (3) is terminable by either party no later than ten years after it is formed; (4) provides for the exchange of technology; and (5) provides access to raw materials or to distribution, marketing, or manufacturing facilities.
Introduced in House
Introduced in House
Referred to House Committee on Energy and Commerce.
Referred to House Committee on The Judiciary.
Referred to Subcommittee on Monopolies and Commercial Law.
Referred to Subcommittee on Commerce, Transportation and Tourism.
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