HR 1899

112th CONGRESS
1st Session

H. R. 1899

To amend the Sherman Act to make oil-producing and exporting cartels illegal; to improve competition in the oil and gas industry, to strengthen antitrust enforcement with regard to industry mergers; to protect consumers from price-gouging of gasoline and other fuels; and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

May 13, 2011

Mr. CONYERS introduced the following bill; which was referred to the Committee on the Judiciary, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned


A BILL

To amend the Sherman Act to make oil-producing and exporting cartels illegal; to improve competition in the oil and gas industry, to strengthen antitrust enforcement with regard to industry mergers; to protect consumers from price-gouging of gasoline and other fuels; and for other purposes.

SECTION 1. SHORT TITLE.

TITLE I--APPLICATION OF THE SHERMAN ACT

SEC. 101. SHORT TITLE.

SEC. 102. SHERMAN ACT.

SEC. 103. SOVEREIGN IMMUNITY.

TITLE II--APPLICATION OF THE CLAYTON ACT

SEC. 201. SHORT TITLE.

SEC. 202. PROHIBITION ON UNILATERAL WITHHOLDING.

`SEC. 28. OIL AND NATURAL GAS.

SEC. 203. REVIEW OF CLAYTON ACT.

SEC. 204. STUDY BY THE GOVERNMENT ACCOUNTABILITY OFFICE.

SEC. 205. JOINT FEDERAL AND STATE TASK FORCE.

TITLE III--PREVENTION OF PRICE GOUGING

SEC. 301. SHORT TITLE.

SEC. 302. UNCONSCIONABLE PRICING OF GASOLINE AND OTHER PETROLEUM DISTILLATES DURING EMERGENCIES.

SEC. 303. ENFORCEMENT BY THE FEDERAL TRADE COMMISSION.

SEC. 304. CRIMINAL PENALTIES.

SEC. 305. ENFORCEMENT AT RETAIL LEVEL BY STATE ATTORNEYS GENERAL.

SEC. 306. EFFECT ON OTHER LAWS.

END