Summary: H.R.2342 — 104th Congress (1995-1996)All Information (Except Text)

There is one summary for H.R.2342. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/14/1995)

Natural Gas Competitiveness Act of 1995 - Permits independent natural gas producers to act together in associations to collectively produce, gather, transport, process, store, handle, and market natural gas in both domestic and foreign commerce.

Requires the Attorney General to file an antitrust complaint against any such association which monopolizes or restrains trade to such an extent that the price of natural gas or natural gas liquid is unduly enhanced. Sets forth procedural guidelines for the filing of such a complaint.

Provides for antitrust and market and price-discrimination actions against an association under the Sherman and the Clayton Acts, respectively.