S 1468 · 96th Congress · Commerce
A bill to provide for contribution of damages attributable to an agreement by two or more persons to fix, maintain, or stabilize prices under section 4, 4A, or 4C of the Clayton Act.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Reported to Senate from the Committee on the Judiciary, S. Rept. 96-428.(1979-11-27)
Plain Language Summary
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Amends the Clayton Act to permit any person liable for damages for price-fixing to seek contribution from co-conspirators for the share of such damages attributable to their sales or purchases of goods and services. Declares that a settlement with one conspirator shall not release any co-conspirator from liability unless its terms expressly so provide. Specifies the effect to be given such a release by the courts. States that such a settlement will relieve a person from liability for contribution.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (6)
2 Democrats4 Republicans