Foreign Trade Antitrust Improvements Act of 1981

Foreign Trade Antitrust Improvements Act of 1981 - Amends the Sherman Act to exempt from the applicability of such Act any conduct involving trade or commerce with a foreign nation unless such conduct substantially affects commerce within the United States or excludes a domestic person from trade and commerce with such nation.

Exempts joint ventures limited to export trading from provisions of the Clayton Act which prohibit a corporation from acquiring the share capital or assets of another corporation to lessen competition or create a monopoly.