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S. 1968

International Joint Venture Act of 1981

International Joint Venture Act of 1981 - Declares that certain provisions of the Clayton Act and the Federal Trade Commission Act do not prohibit an individual or organization of the United States from participating in a joint venture which: (1) is composed of only such U.S. person and one or more foreign persons; (2) does not engage in any line of commerce in the United States in which such foreign person is already engaged; (3) is terminable by either party no later than ten years after it is formed; (4) provides for the exchange of technology; and (5) provides access to raw materials or to distribution marketing, or manufacturing facilities.

Read second time and referred to Senate Committee on Judiciary.

Sen. Hatch, Orrin G. [R-UT](R-UT)Sponsor
4 cosponsors2 D2 R
4cosponsors1committees2actions8subjects
  1. IntroReferral

    Read second time and referred to Senate Committee on Judiciary.

    Judiciary Committee
  2. IntroReferral10000

    Introduced in Senate

International Joint Venture Act of 1981 — Informed