A bill to amend the Clayton Act to preserve competition among corporations in the production of oil, coal, and uranium.

Summary

Makes it unlawful for any oil company: (1) to acquire any coal or uranium asset; or (2) to own or control any coal or uranium asset after the expiration of 3 years after the enactment of this Act. Requires each oil company which presently owns or controls any coal or uranium asset to file a report with the Attorney General within 120 days of enactment. Authorizes the Attorney General to seek injunctive relief in the appropriate district court for violations of this Act, and prescribes penalties for such violations. States that a violation of this Act by a corporation shall be deemed to be also a violation by the individual directors, officers, receivers, trustees, or agents of such corporation who shall have authorized or done any of the acts constituting the violation in whole or in part. (Amends 15 U.S.C. 18)

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Documents

1 official file

• Introduced in House

  summary · EN · 6 March 1973

  Open at official source

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