S 2266 · 93th Congress · Energy

Energy Industry Competition Act

Introduced 1973-07-26· Sponsored by Sen. Moss, Frank E. [D-UT]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Commerce.(1973-07-26)

Plain Language Summary

[AI summary unavailable — showing source text] Energy Industry Competition Act - Expresses the declarations of Congress that (1) the United States is committed to the goal of a free enterprise economy and (2) the Nation needs to develop energy resource products. Enumerates additional Congressional findings. Sets forth the definitions of terms used in this Act. Makes it unlawful for any person engaged in commerce in the business of (1) extracting energy resource products to acquire any energy pipeline asset, energy refinery asset, or energy marketing asset; (2) transporting energy resource products by pipeline to acquire any energy resource product extraction asset, energy refinery asset, or energy marketing asset; (3) refining energy resource products to acquire any energy resource product extraction asset, energy pipeline asset, or energy marketing asset; or (4) marketing energy resource products to acquire any energy resource product extraction asset, energy pipeline asset, or energy refinery asset. Directs the Attorney General of the United States and the Federal Trade Commission to independently examine the relationship of persons now engaged in the energy industry and institute suits requesting the issuance of such relief …

Summarized by Claude AI · Non-partisan · For informational purposes only