A bill to amend the Clayton Act by making unlawful sale of goods below cost where the effect may be to injure, destroy, or prevent competition, and to give private parties the right to recover treble damages if injured by such action.
Fair Competition Act of 1984 - Amends the Clayton Act to prohibit any person engaged in commerce from selling, or contracting to sell, goods below cost where the effect may be to injure, destroy, or prevent competition in or affecting commerce. Authorizes any person injured in business or property as a result of a violation of this Act to sue for treble damages in U.S. district court.
Introduced in House
Introduced in House
Referred to House Committee on The Judiciary.
Referred to Subcommittee on Monopolies and Commercial Law.
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