§ 62. — Export trade and antitrust legislation.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC62]
TITLE 15--COMMERCE AND TRADE
CHAPTER 2--FEDERAL TRADE COMMISSION; PROMOTION OF EXPORT TRADE AND
PREVENTION OF UNFAIR METHODS OF COMPETITION
SUBCHAPTER II--PROMOTION OF EXPORT TRADE
Sec. 62. Export trade and antitrust legislation
Nothing contained in the Sherman Act [15 U.S.C. 1 et seq.] shall be
construed as declaring to be illegal an association entered into for the
sole purpose of engaging in export trade and actually engaged solely in
such export trade, or an agreement made or act done in the course of
export trade by such association, provided such association, agreement,
or act is not in restraint of trade within the United States, and is not
in restraint of the export trade of any domestic competitor of such
association: Provided, That such association does not, either in the
United States or elsewhere, enter into any agreement, understanding, or
conspiracy, or do any act which artificially or intentionally enhances
or depresses prices within the United States of commodities of the class
exported by such association, or which substantially lessens competition
within the United States or otherwise restrains trade therein.
(Apr. 10, 1918, ch. 50, Sec. 2, 40 Stat. 517.)
Codification
``Sherman Act [15 U.S.C. 1 et seq.]'' substituted in text for ``Act
entitled `An Act to protect trade and commerce against unlawful
restraints and monopolies,' approved July second, eighteen hundred and
ninety'' on authority of the enacting clause of that Act set out as a
Short Title note under section 1 of this title.
Section Referred to in Other Sections
This section is referred to in section 65 of this title.
