Teddy Roosevelt Fair Competition and Public Trust Act of 2023

Bill: 118-hr-147
Sponsor: full_name: Rep. Duncan, Jeff [R-SC-3]
Introduced: 2023-01-09
Policy area: Commerce
Subjects: Competition and antitrust

Professional sports
Latest action: action_date: 2023-01-09
text: Referred to the House Committee on the Judiciary.

Summaries:
action_date: 2023-01-09
action_desc: Introduced in House
text: <p><b>Teddy Roosevelt Fair Competition and Public Trust Act of 2023</b></p> <p>This bill applies antitrust laws to the business of professional baseball. For purposes of this bill, the term <em>antitrust laws</em> means laws to protect against unlawful restraints and monopolies (Clayton Act) and to protect against unfair methods of competition (Federal Trade Commission Act).</p>

tv_txt: I 118th CONGRESS 1st Session H. R. 147 IN THE HOUSE OF REPRESENTATIVES January 9, 2023 Mr. Duncan (for himself, Mr. Biggs , and Mr. Bishop of North Carolina ) introduced the following bill; which was referred to the Committee on the Judiciary A BILL To provide that professional baseball teams, and leagues composed of such teams, shall be subject to the antitrust laws.

1. Short title This Act may be cited as the Teddy Roosevelt Fair Competition and Public Trust Act of 2023 . 2. Finding The Congress finds that the business of providing for profit public baseball games between teams of professional baseball players in a league and between such teams of rival leagues is in, or affects, interstate commerce. 3. Application of antitrust laws to professional baseball The antitrust laws shall apply to the business of providing for profit public baseball games between teams of professional baseball players and to leagues composed of teams of professional baseball players. 4. Definition For purposes of this Act, the term antitrust laws has the meaning given it in subsection (a) of the first section of the Clayton Act ( 15 U.S.C. 12(a) ), except that such term includes section 5 of the Federal Trade Commission Act ( 15 U.S.C. 45 ) to the extent that such section 5 relates to unfair methods of competition. 5. Application of section 3 Section 3 shall not apply with respect to conduct occurring before the date of the enactment of this Act.