19 U.S.C. § 2485 — Voluntary limitations on exports of steel to United States
submitted 51 years ago by Pub. L. 93-618 to r/title-19-CUSTOMS-DUTIES · 128 words · no verdicts yet
A person is not liable under specified Federal or similar State antitrust laws for participating in certain voluntary limits on steel exports to the United States. The protection applies only if the arrangement was undertaken before the stated date at the Secretary of State’s request and ended by the stated date.
No person shall be liable for damages, penalties, or other sanctions under the Federal Trade Commission Act [ 15 U.S.C. 41 et seq.] or the Antitrust Acts (as defined in section 4 of the Federal Trade Commission Act [ 15 U.S.C. 44 ]), or under any similar State law, on account of his negotiating, entering into, participating in, or implementing an arrangement providing for the voluntary limitation on exports of steel and steel products to the United States, or any modification or renewal of such an arrangement, if such arrangement or such modification or renewal— (1) was undertaken prior to January 3, 1975 , at the request of the Secretary of State or his delegate, and (2) ceases to be effective not later than January 1, 1975.
No person shall be liable for damages, penalties, or other sanctions under the Federal Trade Commission Act [15 U.S.C. 41 et seq.] or the Antitrust Acts (as defined in section 4 of the Federal Trade Commission Act [15 U.S.C. 44]), or under any similar State law, on account of his negotiating, entering into, participating in, or implementing an arrangement providing for the voluntary limitation on exports of steel and steel products to the United States, or any modification or renewal of such an arrangement, if such arrangement or such modification or renewal—
was undertaken prior to January 3, 1975, at the request of the Secretary of State or his delegate, and
ceases to be effective not later than January 1, 1975.
Source credit: (Pub. L. 93–618, title VI, § 607, Jan. 3, 1975, 88 Stat. 2073.)
- 1975Enacted · Pub. L. 93-618 · 88 Stat. 2073
A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-618 on 1975-01-03.
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