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15 U.S.C. § 1 — Trusts, etc., in restraint of trade illegal; penalty

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 1 — Trusts, etc., in restraint of trade illegal; penalty

Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $100,000,000 if a corporation, or, if any other person, $1,000,000, or by imprisonment not exceeding 10 years, or by both said punishments, in the discretion of the court.

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Source file: Laws/federal/codes/united-states-code/title-15/section-1-trusts-etc-in-restraint-of-trade-illegal-penalty--d9b5a67c4b.md
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Source location: Title 15, Chapter 1, § 1; chapter-001-monopolies-and-combinations-in-restraint-of-trade.md

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Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $100,000,000 if a corporation, or, if any other person, $1,000,000, or by imprisonment not exceeding 10 years, or by both said punishments, in the discretion of the court.

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 1 — Trusts, etc., in restraint of trade illegal; pen-

§ 1. Trusts, etc., in restraint of trade illegal; pen- alty Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $100,000,000 if a corporation, or, if any other person, $1,000,000, or by imprisonment not exceeding 10 years, or by both said punishments, in the discretion of the court. (July 2, 1890, ch. 647, § 1, 26 Stat. 209; Aug. 17, 1937, ch. 690, title VIII, 50 Stat. 693; July 7, 1955, ch. 281, 69 Stat. 282; Pub. L. 93–528, § 3, Dec. 21, 1974, 88 Stat. 1708; Pub. L. 94–145, § 2, Dec. 12, 1975, 89 Stat. 801; Pub. L. 101–588, § 4(a), Nov. 16, 1990, 104 Stat. 2880; Pub. L. 108–237, title II, § 215(a), June 22, 2004, 118 Stat. 668.) Page 4 TITLE 15—COMMERCE AND TRADE § 1 Editorial Notes AMENDMENTS 2004—Pub. L. 108–237 substituted ‘‘$100,000,000’’ for ‘‘$10,000,000’’, ‘‘$1,000,000’’ for ‘‘$350,000’’, and ‘‘10’’ for ‘‘three’’. 1990—Pub. L. 101–588 substituted ‘‘$10,000,000’’ for ‘‘one million dollars’’ and ‘‘$350,000’’ for ‘‘one hundred thou- sand dollars’’. 1975—Pub. L. 94–145 struck out from first sentence two provisos granting anti-trust exemption to State fair trade laws. 1974—Pub. L. 93–528 substituted ‘‘a felony, and, on conviction thereof, shall be punished by fine not ex- ceeding one million dollars if a corporation, or, if any other person, one hundred thousand dollars, or by im- prisonment not exceeding three years’’ for ‘‘a mis- demeanor, and on conviction thereof, shall be punish

Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 1

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