Antitrust Freedom Act of 2020

Bill: 116-s-5057
Sponsor: full_name: Sen. Paul, Rand [R-KY]
Introduced: 2020-12-17
Policy area: Commerce
Subjects: Competition and antitrust

Contracts and agency
Latest action: action_date: 2020-12-17
text: Read twice and referred to the Committee on the Judiciary.

Summaries:
action_date: 2020-12-17
action_desc: Introduced in Senate
text: <p><b>Antitrust Freedom Act of 2020</b></p> <p>This bill establishes that certain laws related to antitrust and unfair competition shall not prohibit or otherwise apply to any voluntary economic coordination, cooperation, or agreement between any individual or group of individuals.</p>

tv_txt: II 116th CONGRESS 2d Session S. 5057 IN THE SENATE OF THE UNITED STATES December 17, 2020 Mr. Paul introduced the following bill; which was read twice and referred to the Committee on the Judiciary A BILL To permit voluntary economic activity.

1. Short title This Act may be cited as the Antitrust Freedom Act of 2020 . 2. Voluntary economic coordination by individuals The Sherman Act ( 15 U.S.C. 1 et seq.), the Clayton Act ( 15 U.S.C. 12 et seq.), and section 5 of the Federal Trade Commission Act ( 15 U.S.C. 45 ) shall not be construed to prohibit, ban, or otherwise extend to any voluntary economic coordination, cooperation, agreement, or other association, compact, contract, or covenant entered into by or between any individual or group of individuals.