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15 U.S.C. § 66 — Short title
Federal law — U.S. Code and appendices · legal_authorities
This subchapter may be cited as the “Webb-Pomerene Act”.
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 66
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Source file: Laws/federal/codes/united-states-code/title-15/section-66-short-title--218137214e.md
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Source location: Title 15, Chapter 2, § 66; chapter-002-federal-trade-commission-promotion-of-export-trade-and-prevention-of-unfair-methods-of-competition.md
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This subchapter may be cited as the “Webb-Pomerene Act”.
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Federal law — U.S. Code and appendices · legal_authorities
Nothing contained in this chapter, except as otherwise provided herein, shall be construed—
**(a)** To prevent or interfere with the enforcement of, or the procedure under, the provisions of the Act entitled “An Act to protect trade and commerce against unlawful restraints and monopolies,” approved July 2, 1890, the Act entitled “An Act to supplement existing laws against unlawful restraints and monopolies, and for other purposes,” approved October 15, 1914, the Interstate Commerce Act as amended, the Act entitled “An Act to promote export trade, and for other purposes,” approved April 10, 1918 [[15 U.S.C. 61](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section61&num=0&edition=prelim) et seq.] or sections 73 to 76, inclusive, of the Act of August 27, 1894, entitled “An Act to reduce taxation, to provide revenue for the Government, and for other purposes,” as amended by the Act entitled “An Act to amend sections seventy-three and seventy-six of the Act of August twenty-seventh, eighteen hundred and ninety-four, entitled ‘An Act to reduce taxation, to provide revenue for the Government, and for other purposes,’ ” approved February 12, 1913, or
**(b)** To alter, modify, or repeal such Acts or any part or parts thereof, or
**(c)** To prevent or interfere with any investigation, proceeding, or prosecution begun and pending on August 15, 1921.
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Federal law — U.S. Code and appendices · legal_authorities
Page 100
TITLE 15—COMMERCE AND TRADE
§ 66
associations, corporations, partnerships, and in-
dividuals. Any association which shall fail so to
do shall not have the benefit of the provisions of
sections 62 and 63 of this title, and it shall also
forfeit to the United States the sum of $100 for
each and every day of the continuance of such
failure, which forfeiture shall be payable into
the Treasury of the United States, and shall be
recoverable in a civil suit in the name of the
United States brought in the district where the
association has its principal office, or in any dis-
trict in which it shall do business. It shall be the
duty of the various United States attorneys,
under the direction of the Attorney General of
the United States, to prosecute for the recovery
of the forfeiture. The costs and expenses of such
prosecution shall be paid out of the appropria-
tion for the expenses of the courts of the United
States.
Whenever the Federal Trade Commission shall
have reason to believe that an association or
any agreement made or act done by such asso-
ciation is in restraint of trade within the United
States or in restraint of the export trade of any
domestic competitor of such association, or that
an association either in the United States or
elsewhere has entered into any agreement, un-
derstanding, or conspiracy, or done any act
which artificially or intentionally enhances or
depresses prices within the United States of
commodities of the class exported by such asso-
ciation, or which substantially lessens competi-
tion within the United States or otherwise re-
strains trade therein, it shall summon such as-
sociation, its officers, and agents to appear be-
fore it, and thereafter conduct an investigation
into the alleged violations of law.
Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 66
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