Every combination, conspiracy, trust, agreement, or contract is declared to be contrary to public policy, illegal, and void when the same is made by or between two or more persons or corporations, either of whom, as agent or principal, is engaged in importing any article from any foreign country into the United States, and when such combination, conspiracy, trust, agreement, or contract is intended to operate in restraint of lawful trade, or free competition in lawful trade or commerce, or to increase the market price in any part of the United States of any article or articles imported or intended to be imported into the United States, or of any manufacture into which such imported article enters or is intended to enter. Every person who shall be engaged in the importation of goods or any commodity from any foreign country in violation of this section, or who shall combine or conspire with another to violate the same, is guilty of a misdemeanor, and on conviction thereof in any court of the United States such person shall be fined in a sum not less than $100 and not exceeding $5,000, and shall be further punished by imprisonment, in the discretion of the court, for a term not less than three months nor exceeding twelve months.
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Stable record: federal_law:legal_authorities:record_usc_7cba897279ca20b94e6a6595 Source file: Laws/federal/codes/united-states-code/title-15/section-8-trusts-in-restraint-of-import-trade-illegal-penalty--2f22140db3.md Pages: Not recorded – Not recorded Passage SHA-256: 0fbd2b6b6c52940cfa444c60cf9802752d9f7bbc91d3c714e7b89d7213cb77c9 Retained source evidence SHA-256: 0166dbb2df2ffa49ac2a04c50469afb91009d303d7d9ad344ecdccdae17fc3fa
Source location: Title 15, Chapter 1, § 8; chapter-001-monopolies-and-combinations-in-restraint-of-trade.md
Stored source content
Every combination, conspiracy, trust, agreement, or contract is declared to be contrary to public policy, illegal, and void when the same is made by or between two or more persons or corporations, either of whom, as agent or principal, is engaged in importing any article from any foreign country into the United States, and when such combination, conspiracy, trust, agreement, or contract is intended to operate in restraint of lawful trade, or free competition in lawful trade or commerce, or to increase the market price in any part of the United States of any article or articles imported or intended to be imported into the United States, or of any manufacture into which such imported article enters or is intended to enter. Every person who shall be engaged in the importation of goods or any commodity from any foreign country in violation of this section, or who shall combine or conspire with another to violate the same, is guilty of a misdemeanor, and on conviction thereof in any court of the United States such person shall be fined in a sum not less than $100 and not exceeding $5,000, and shall be further punished by imprisonment, in the discretion of the court, for a term not less than three months nor exceeding twelve months.
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Federal law — U.S. Code and appendices · legal_authorities
§ 8. Trusts in restraint of import trade illegal;
penalty
Every combination, conspiracy, trust, agree-
ment, or contract is declared to be contrary to
public policy, illegal, and void when the same is
made by or between two or more persons or cor-
porations, either of whom, as agent or principal,
is engaged in importing any article from any
foreign country into the United States, and
when
such
combination,
conspiracy,
trust,
agreement, or contract is intended to operate in
restraint of lawful trade, or free competition in
lawful trade or commerce, or to increase the
market price in any part of the United States of
any article or articles imported or intended to
be imported into the United States, or of any
manufacture into which such imported article
enters or is intended to enter. Every person who
shall be engaged in the importation of goods or
any commodity from any foreign country in vio-
lation of this section, or who shall combine or
conspire with another to violate the same, is
guilty of a misdemeanor, and on conviction
thereof in any court of the United States such
person shall be fined in a sum not less than $100
and not exceeding $5,000, and shall be further
punished by imprisonment, in the discretion of
the court, for a term not less than three months
nor exceeding twelve months.
(Aug. 27, 1894, ch. 349, § 73, 28 Stat. 570; Feb. 12,
1913, ch. 40, 37 Stat. 667.)
Editorial Notes
AMENDMENTS
1913—Act Feb. 12, 1913, inserted ‘‘as agent or prin-
cipal’’.
Statutory Notes and Related Subsidiaries
SHORT TITLE
Section 77, formerly § 78, of act Aug. 27, 1894, as added
by Pub. L. 94–435, title III, § 305(d), Sept. 30, 1976, 90
Stat. 1397; renumbered § 77 and amended Pub. L. 107–273,
div. C, title IV, § 14102(c)(1)(B), Nov. 2, 2002, 1