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15 U.S.C. § 7aDefinitions

submitted 22 years ago by Pub. L. 108-237 to r/title-15-COMMERCE-AND-TRADE · 222 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law defines six terms used in sections 7a through 7a-3, which cover antitrust leniency agreements. It explains 'antitrust leniency agreement,' 'claimant,' 'applicant,' and 'cooperating individual.' These definitions apply only within those specific sections.

This section defines terms used in sections 7a through 7a–3 of this title: (1) Antitrust Division means the U.S. Department of Justice's Antitrust Division. (2) Antitrust leniency agreement, or "agreement," means a leniency letter agreement — conditional or final — between a person and the Antitrust Division, made under the Antitrust Division's Corporate Leniency Policy as it stood on the day the agreement was signed. (3) Antitrust leniency applicant, or "applicant," means the person who entered into an antitrust leniency agreement. (4) Claimant means a person, or a class, that has brought (or on whose behalf someone has brought) a civil lawsuit claiming a violation of section 1 or 3 of this title, or a similar state law. This does not include a state, or part of a state, suing to recover damages that the state or that part of the state itself suffered. (5) Cooperating individual means a current or former director, officer, or employee of the antitrust leniency applicant who is covered by that leniency agreement. (6) Person has the same meaning given to it in section 12(a) of this title.
the actual law source: uscode.house.gov ↗public domain

In sections 7a to 7a–3 of this title:

(1) Antitrust Division

The term “Antitrust Division” means the United States Department of Justice Antitrust Division.

(2) Antitrust leniency agreement

The term “antitrust leniency agreement,” or “agreement,” means a leniency letter agreement, whether conditional or final, between a person and the Antitrust Division pursuant to the Corporate Leniency Policy of the Antitrust Division in effect on the date of execution of the agreement.

(3) Antitrust leniency applicant

The term “antitrust leniency applicant,” or “applicant,” means, with respect to an antitrust leniency agreement, the person that has entered into the agreement.

(4) Claimant

The term “claimant” means a person or class, that has brought, or on whose behalf has been brought, a civil action alleging a violation of section 1 or 3 of this title or any similar State law, except that the term does not include a State or a subdivision of a State with respect to a civil action brought to recover damages sustained by the State or subdivision.

(5) Cooperating individual

The term “cooperating individual” means, with respect to an antitrust leniency agreement, a current or former director, officer, or employee of the antitrust leniency applicant who is covered by the agreement.

(6) Person

The term “person” has the meaning given it in subsection (a) of section 12 of this title.

Source credit: (Pub. L. 108–237, title II, § 212, June 22, 2004, 118 Stat. 666; Pub. L. 111–190, § 2, June 9, 2010, 124 Stat. 1275; Pub. L. 116–159, div. D, title III, § 4303(b)(2), Oct. 1, 2020, 134 Stat. 742.)

history & why it existsrecord from the source credit
  • 2004Enacted · Pub. L. 108-237 · 118 Stat. 666
  • 2010Amended · Pub. L. 111-190 · 124 Stat. 1275
  • 2020Amended · Pub. L. 116-159 · 134 Stat. 742

A history note hasn’t been published yet. The record shows enactment by Pub. L. 108-237 on 2004-06-22.

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