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15 U.S.C. § 18 — Acquisition by one corporation of stock of another
Federal law — U.S. Code and appendices · legal_authorities
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.
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 18
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Source file: Laws/federal/codes/united-states-code/title-15/section-18-acquisition-by-one-corporation-of-stock-of-another--35ccffaf74.md
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Source location: Title 15, Chapter 1, § 18; chapter-001-monopolies-and-combinations-in-restraint-of-trade.md
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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
**(a) Establishment.—** The Surface Transportation Board is an independent establishment of the United States Government.
**(b) Membership.—**
(1) The Board shall consist of 5 members, to be appointed by the President, by and with the advice and consent of the Senate. Not more than 3 members may be appointed from the same political party.
(2) At all times—
(A) at least 3 members of the Board shall be individuals with professional standing and demonstrated knowledge in the fields of transportation, transportation regulation, or economic regulation; and
(B) at least 2 members shall be individuals with professional or business experience (including agriculture) in the private sector.
(3) The term of each member of the Board shall be 5 years and shall begin when the term of the predecessor of that member ends. An individual appointed to fill a vacancy occurring before the expiration of the term for which the predecessor of that individual was appointed, shall be appointed for the remainder of that term. When the term of office of a member ends, the member may continue to serve until a successor is appointed and qualified, but for a period not to exceed one year. The President may remove a member for inefficiency, neglect of duty, or malfeasance in office.
(4) No individual may serve as a member of the Board for more than 2 terms. In the case of an individual appointed to fill a vacancy occurring before the expiration of the term for which the predecessor of that individual was appointed, such individual may not be appointed for more than one additional term.
(5) A member of the Board may not have a pecuniary interest in, hold an official relation to, or own stock in or bonds of, a carrier providing transportation by any mode and may not engage in another busines
Source: Supplied U.S. Code snapshot — release unconfirmed · 49 U.S.C. § 1301
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Federal law — U.S. Code and appendices · legal_authorities
Level III of the Executive Schedule applies to the following positions, for which the annual rate of basic pay shall be the rate determined with respect to such level under chapter 11 of title 2, as adjusted by [section 5318 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section5318&num=0&edition=prelim):
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 5314
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Organization and Mission.—** The Maritime Administration is an administration in the Department of Transportation. The mission of the Maritime Administration is to foster, promote, and develop the merchant maritime industry of the United States.
**(b) Maritime Administrator.—** The head of the Maritime Administration is the Maritime Administrator, who is appointed by the President by and with the advice and consent of the Senate. The Administrator shall report directly to the Secretary of Transportation and carry out the duties prescribed by the Secretary.
**(c) Deputy Maritime Administrator.—** The Maritime Administration shall have a Deputy Maritime Administrator, who is appointed in the competitive service by the Secretary, after consultation with the Administrator. The Deputy Administrator shall carry out the duties prescribed by the Administrator. The Deputy Administrator shall be Acting Administrator during the absence or disability of the Administrator and, unless the Secretary designates another individual, during a vacancy in the office of Administrator.
**(d) Duties and Powers Vested in Secretary.—** All duties and powers of the Maritime Administration are vested in the Secretary.
**(e) Regional Offices.—** The Maritime Administration shall have regional offices for the Atlantic, Gulf, Great Lakes, and Pacific port ranges, and may have other regional offices as necessary. The Secretary shall appoint a qualified individual as Director of each regional office. The Secretary shall carry out appropriate activities and programs of the Maritime Administration through the regional offices.
**(f) Interagency and Industry Relations.—** The Secretary shall establish and maintain liaison with other agencies, and with representative trade organizations througho
Source: Supplied U.S. Code snapshot — release unconfirmed · 49 U.S.C. § 109
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Federal law — U.S. Code and appendices · legal_authorities
Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $100,000,000 if a corporation, or, if any other person, $1,000,000, or by imprisonment not exceeding 10 years, or by both said punishments, in the discretion of the court.
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 1
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Filing** Except as exempted pursuant to subsection (c), no person shall acquire, directly or indirectly, any voting securities or assets of any other person, unless both persons (or in the case of a tender offer, the acquiring person) file notification pursuant to rules under subsection (d)(1) and the waiting period described in subsection (b)(1) has expired, if—
(1) the acquiring person, or the person whose voting securities or assets are being acquired, is engaged in commerce or in any activity affecting commerce; and
(2) as a result of such acquisition, the acquiring person would hold an aggregate total amount of the voting securities and assets of the acquired person—
(A) in excess of $200,000,000 (as adjusted and published for each fiscal year beginning after September 30, 2004, in the same manner as provided in [section 19(a)(5) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section19/a/5&num=0&edition=prelim) to reflect the percentage change in the gross national product for such fiscal year compared to the gross national product for the year ending September 30, 2003); or
(B)
(i) in excess of $50,000,000 (as so adjusted and published) but not in excess of $200,000,000 (as so adjusted and published); and
(ii)
(I) any voting securities or assets of a person engaged in manufacturing which has annual net sales or total assets of $10,000,000 (as so adjusted and published) or more are being acquired by any person which has total assets or annual net sales of $100,000,000 (as so adjusted and published) or more;
(II) any voting securities or assets of a person not engaged in manufacturing which has total assets of $10,000,000 (as so adjusted and published) or more are being acquired by any person
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 18a
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Federal law — U.S. Code and appendices · legal_authorities
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.
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 63
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** The provisions of this chapter shall apply to all interstate and foreign communication by wire or radio and all interstate and foreign transmission of energy by radio, which originates and/or is received within the United States, and to all persons engaged within the United States in such communication or such transmission of energy by radio, and to the licensing and regulating of all radio stations as hereinafter provided; but it shall not apply to persons engaged in wire or radio communication or transmission in the Canal Zone, or to wire or radio communication or transmission wholly within the Canal Zone. The provisions of this chapter shall apply with respect to cable service, to all persons engaged within the United States in providing such service, and to the facilities of cable operators which relate to such service, as provided in subchapter V–A.
**(b)** Except as provided in sections 223 through 227 of this title, inclusive, [section 276 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title47-section276&num=0&edition=prelim), and [section 332 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title47-section332&num=0&edition=prelim), and subject to the provisions of [section 301 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title47-section301&num=0&edition=prelim) and subchapter V–A, nothing in this chapter shall be construed to apply or to give the Commission jurisdiction with respect to (1) charges, classifications, practices, services, facilities, or regulations for or in connection with intrastate communication service by wire or radio of any carrier, or (2) any carrier engaged in interstate or foreign communication solely through physical connection with the facilit
Source: Supplied U.S. Code snapshot — release unconfirmed · 47 U.S.C. § 152
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Federal law — U.S. Code and appendices · legal_authorities
Page 28
TITLE 15—COMMERCE AND TRADE
§ 17
1 See References in Text note below.
[amending this section] shall apply only with respect to
actions commenced after the date of the enactment of
this Act [Sept. 12, 1980].’’
SUSPENSION OF LIMITATION
Act Oct. 10, 1942, ch. 589, 56 Stat. 781, as amended June
30, 1945, ch. 213, 59 Stat. 306, provided for the suspension
of any existing statutes of limitations relating to vio-
lations of antitrust laws now indictable or subject to
civil proceedings under any existing statutes, until
June 30, 1946.
FINDINGS AND PURPOSES OF 2004 AMENDMENT
Pub. L. 108–237, title II, § 221(a), June 22, 2004, 118 Stat.
668, provided that:
‘‘(1) FINDINGS.—Congress finds that—
‘‘(A) the purpose of the Tunney Act [probably
means section 2 of Pub. L. 93–528 which amended this
section] was to ensure that the entry of antitrust
consent judgments is in the public interest; and
‘‘(B) it would misconstrue the meaning and Con-
gressional intent in enacting the Tunney Act to limit
the discretion of district courts to review antitrust
consent judgments solely to determining whether
entry of those consent judgments would make a
‘mockery of the judicial function’.
‘‘(2) PURPOSES.—The purpose of this section [amend-
ing this section] is to effectuate the original Congres-
sional intent in enacting the Tunney Act and to ensure
that United States settlements of civil antitrust suits
are in the public interest.’’
§ 17. Antitrust laws not applicable to labor orga-
nizations
The labor of a human being is not a com-
modity or article of commerce. Nothing con-
tained in the antitrust laws shall be construed
to forbid the existence and operation of labor,
agricultural, or horticultural organizations, in-
stituted for the purposes of mutual help, and n
Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 18
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