International Joint Venture Act of 1981

Summary

International Joint Venture Act of 1981 - Declares that certain provisions of the Clayton Act and the Federal Trade Commission Act do not prohibit an individual or organization of the United States from participating in a joint venture which: (1) is composed of only such U.S. person and one or more foreign persons; (2) does not engage in any line of commerce in the United States in which such foreign person is already engaged; (3) is terminable by either party no later than ten years after it is formed; (4) provides for the exchange of technology; and (5) provides access to raw materials or to distribution marketing, or manufacturing facilities.

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Timeline

1. 15 December 1981

   Introduced

   Read second time and referred to Senate Committee on Judiciary.

   Source: IntroReferral

2. 15 December 1981

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 15 December 1981

  Open at official source

Sponsors

• Sen. Hatch, Orrin G. [R-UT] · R · Sponsor
• Rep. Kasten, Robert W., Jr. [R-WI-9] · R · Sponsor
• Rep. Baucus, Max [D-MT-1] · D · Sponsor
• Sen. Percy, Charles H. [R-IL] · R · Cosponsor
• Sen. Burdick, Quentin N. [D-ND] · D · Cosponsor
• · ssju00 · Standing

Related records

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