S.598 - Soft Drink Interbrand Competition Act96th Congress (1979-1980)
|Sponsor:||Sen. Bayh, Birch [D-IN] (Introduced 03/08/1979)|
|Committees:||Senate - Judiciary | House - Judiciary|
|Committee Reports:||S.Rept 96-645 Part 1; S.Rept 96-645 Part 1|
|Latest Action:||07/09/1980 Public Law 96-308. (TXT) (All Actions)|
|Major Recorded Votes:||05/15/1980 : Passed Senate|
This bill has the status Became Law
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- Resolving Differences
- To President
- Became Law
Summary: S.598 — 96th Congress (1979-1980)All Bill Information (Except Text)
(Measure passed House, amended, in lieu of H. R. 3567)
Passed House amended (06/24/1980)
Soft Drink Interbrand Competition Act - Declares that exclusive territorial arrangements made as a part of a licensing agreement for the manufacture, distribution, or sale of a trademarked soft drink product are lawful under the antitrust laws provided such product is in substantial and effective competition with other products for the same general class in the relevant market or markets.
Declares that nothing in this Act shall be construed to legalize any unlawful means of price fixing agreements, horizontal restraints of trade, or group boycotts in any effort to enforce provisions of such Act.
Makes provisions of the Clayton Act authorizing suspension of the statute of limitations in antitrust proceedings inapplicable to such pending litigation concerned with enforcement of provisions of this Act.
Provides that, as used in this Act, "antitrust law" means the Sherman Act, the Clayton Act, and the Federal Trade Commission Act.