A bill to provide for contribution of damages attributable to an agreement by two or more persons to fix, maintain, or stabilize prices under section 4, 4A, or 4C of the Clayton Act.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Oct 4, 1984)
Amends the Clayton Act to permit any person liable for damages for price-fixing to claim contribution from co-conspirators for the share of such damages attributable to their sales or purchases of goods and services.
Declares that a release or covenant not to sue or enforce a judgment received in settlement by one conspirator shall not discharge any co-conspirators from liability, unless expressly provided. Directs the court to reduce the claim against the co-conspirators subject to liability by the greatest of: (1) the amount stipulated by such release or covenant; (2) the amount paid in settlement; or (3) treble the actual damages attributable to the settling person's sales or purchases of goods or services. Declares that a settlement shall release the recipient from liability from contribution, unless it is not consummated.
What just happenedOct 4, 1984
Read twice and referred to the Committee on Judiciary.
Who’s behind it
- Oct 4, 1984IntroReferral
Read twice and referred to the Committee on Judiciary.
Judiciary Committee - Oct 4, 1984IntroReferral10000
Introduced in Senate