S. 1080 · 108th Congress
Antitrust Improvements Act of 2003
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
HatchSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Antitrust Improvements Act of 2003 - Amends the Sherman Act to increase criminal penalties for restraint of trade among the States or with foreign nations, monopolizing trade, or specified other restraints of trade among U.S. territories, States, foreign nations, and the District of Columbia.
What it does: CRS summary · Introduced in Senate · May 19, 2003
Antitrust Improvements Act of 2003 - Amends the Sherman Act to increase criminal penalties for restraint of trade among the States or with foreign nations, monopolizing trade, or specified other restraints of trade among U.S. territories, States, foreign nations, and the District of Columbia.
Directs the U.S. Sentencing Commission to review and amend its guidelines and policy statements to: (1) ensure that they reflect the serious nature of the offenses and penalties, the growing incidence of serious antitrust criminal offenses, and the need to modify the guidelines and statements to deter, prevent, and punish such offenses; (2) consider whether the guideline offense levels and enhancements for Sherman Act violations are sufficient to deter and punish and are adequate in view of the increases in penalties, and whether the guideline offense levels and enhancements for such violations are consistent with recent amendments applicable to white collar offenses; (3) ensure reasonable consistency with other relevant directives and with other sentencing guidelines; (4) account for any additional aggravating or mitigating circumstances that might justify exceptions to the generally applicable sentencing ranges; (5) make any necessary conforming changes to the sentencing guidelines; and (6) ensure that the guidelines adequately meet the purposes of sentencing.
Repeals provisions that prohibit importing articles from a foreign country into the United States systematically below market value with the intent of destroying or injuring a U.S.industry, and authorize private lawsuits by injured persons for treble damages.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Antitrust Improvements Act of 2003
Latest action (May 19, 2003): Read twice and referred to the Committee on the Judiciary.
Policy area: Commerce · Origin: Senate · Introduced: May 19, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.