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15 U.S.C. § 63 — Acquisition of stock of export trade corporation

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 63 — Acquisition of stock of export trade corporation

Nothing contained in [section 18 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section18&num=0&edition=prelim) shall be construed to forbid the acquisition or ownership by any corporation of the whole or any part of the stock or other capital of any corporation organized solely for the purpose of engaging in export trade, and actually engaged solely in such export trade, unless the effect of such acquisition or ownership may be to restrain trade or substantially lessen competition within the United States.

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Stable record: federal_law:legal_authorities:record_usc_75a58a838603ca40d8eac7d3
Source file: Laws/federal/codes/united-states-code/title-15/section-63-acquisition-of-stock-of-export-trade-corporation--eafb96e3d1.md
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Source location: Title 15, Chapter 2, § 63; chapter-002-federal-trade-commission-promotion-of-export-trade-and-prevention-of-unfair-methods-of-competition.md

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 18 — Acquisition by one corporation of stock of another

No person engaged in commerce or in any activity affecting commerce shall acquire, directly or indirectly, the whole or any part of the stock or other share capital and no person subject to the jurisdiction of the Federal Trade Commission shall acquire the whole or any part of the assets of another person engaged also in commerce or in any activity affecting commerce, where in any line of commerce or in any activity affecting commerce in any section of the country, the effect of such acquisition may be substantially to lessen competition, or to tend to create a monopoly.

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 63 — Acquisition of stock of export trade corpora-

Page 99 TITLE 15—COMMERCE AND TRADE § 65 45, 46, 50, 57a, and 57c of this title, and enacting provi- sions set out as notes under sections 45, 46, 57a, 57a–1, and 57c of this title] may be cited as the ‘Federal Trade Commission Improvements Act of 1980’.’’ SUBCHAPTER II—PROMOTION OF EXPORT TRADE § 61. Export trade; definitions The words ‘‘export trade’’ wherever used in this subchapter mean solely trade or commerce in goods, wares, or merchandise exported, or in the course of being exported from the United States or any Territory thereof to any foreign nation; but the words ‘‘export trade’’ shall not be deemed to include the production, manufac- ture, or selling for consumption or for resale, within the United States or any Territory there- of, of such goods, wares, or merchandise, or any act in the course of such production, manufac- ture, or selling for consumption or for resale. The words ‘‘trade within the United States’’ wherever used in this subchapter mean trade or commerce among the several States or in any Territory of the United States, or in the District of Columbia, or between any such Territory and another, or between any such Territory or Terri- tories and any State or States or the District of Columbia, or between the District of Columbia and any State or States. The word ‘‘association’’ wherever used in this subchapter means any corporation or combina- tion, by contract or otherwise, of two or more persons, partnerships, or corporations. (Apr. 10, 1918, ch. 50, § 1, 40 Stat. 516.) § 62. Export trade and antitrust legislation Nothing contained in the Sherman Act [15 U.S.C. 1 et seq.] shall be construed as declaring to be illegal an association entered into for the sole purpose of engaging in export trade and ac- tually engage

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