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15 U.S.C. § 4306 — Application of section 4303 protections to production of products, processes, and services

submitted 33 years ago by Pub. L. 98-462 to r/title-15-COMMERCE-AND-TRADE · 113 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section limits the antitrust protections in section 4303 for a joint venture’s production of a product, process, or service. The protections apply only when the venture’s principal production facilities are in the United States or its territories and the people controlling the venture meet the specified United States-person or reciprocal-treatment requirement.

Notwithstanding sections 4303 and 4305 of this title, the protections of section 4303 of this title must not apply with respect to a joint venture’s production of a product, process, or service, as referred to in section 4301(a)(6)(D) of this title , unless— (1) the principal facilities for such production are located in the United States or its territories, and (2) each person who controls any party to such venture (including such party itself) is a United States person, or a foreign person from a country whose law accords antitrust treatment no less favorable to United States persons than to such country’s domestic persons with respect to participation in joint ventures for production.

the actual law source: uscode.house.gov ↗public domain

Notwithstanding sections 4303 and 4305 of this title, the protections of section 4303 of this title shall not apply with respect to a joint venture’s production of a product, process, or service, as referred to in section 4301(a)(6)(D) of this title, unless—

(1)

the principal facilities for such production are located in the United States or its territories, and

(2)

each person who controls any party to such venture (including such party itself) is a United States person, or a foreign person from a country whose law accords antitrust treatment no less favorable to United States persons than to such country’s domestic persons with respect to participation in joint ventures for production.

Source credit: (Pub. L. 98–462, § 7, as added Pub. L. 103–42, § 3(g), June 10, 1993, 107 Stat. 119.)

history & why it existsrecord from the source credit
  • 1993Enacted · Pub. L. 98-462 · 107 Stat. 119

A history note hasn’t been published yet. The record shows enactment by Pub. L. 98-462 on 1993-06-10.

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