A bill to provide for antitrust law violators to be subject to individual responsibility for treble the amount of damages attributable to their violations, and to assure fairness in the allocation and award of antitrust damages.

Summary

Amends the Clayton Act to limit a person's liability for an antitrust violation to threefold the actual damages attributable to such person's purchases or sales of goods or services where: (1) liability is based upon such person's participation in a contract, combination, or conspiracy among competitors; and (2) damages awarded are based on the impact on price of such contract, combination, or conspiracy. Provides that such limitation shall not apply to the portion of damages attributable to: (1) any person that is beyond the jurisdiction of U.S. district courts; and (2) any person whose financial incapacity precludes the full payment of damages.

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Documents

2 official files

• Reported to Senate with amendment(s)

  summary · EN · 6 June 1986

  Open at official source

• Introduced in Senate

  summary · EN · 13 June 1985

  Open at official source

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