Full/Raw Text of 15  USC §3

Cite.  15 USC Sec. 3 01/05/99

Expcite.  Title 15 - Commerce and Trade; Chapter 1 - Monopolies and Combinations In Restraint of Trade

Head. Sec. 3. Trusts in Territories or District of Columbia illegal; combination a felony

Statute.  Every contract, combination in form of trust or otherwise, or conspiracy, in restraint of trade or commerce in any Territory of the United States or of the District of Columbia, or in restraint of trade or commerce between any such Territory and another, or between any such Territory or Territories and any State or States or the District of Columbia, or with foreign nations, or between the District of Columbia and any State or States or foreign nations, is declared illegal. Every person who shall make any such contract or engage in any such combination or conspiracy, shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $10,000,000 if a corporation, or, if any other person, $350,000, or by imprisonment not exceeding three years, or both said punishments, in the discretion of the court.

Source.  (July 2, 1890, ch. 647, Sec. 3, 26 Stat. 209; July 7, 1955, ch. 281, 69 Stat. 282; Pub. L. 93-528, Sec. 3, Dec. 21, 1974, 88 Stat. 1708; Pub. L. 101-588, Sec. 4(c), Nov. 16, 1990, 104 Stat. 2880.)

Miscellaneous

Amendments.

• 1990 - Pub. L. 101-588 substituted ''$10,000,000'' for ''one million dollars'' and ''$350,000'' for ''one hundred thousand dollars''.

• 1974 - Pub. L. 93-528 substituted ''a felony, and, on conviction thereof, shall be punished by fine not exceeding one million dollars if a corporation, or, if any other person, one hundred thousand dollars, or by imprisonment not exceeding three years'' for ''a misdemeanor, and, on conviction thereof, shall be punished by fine not exceeding fifty thousand dollars, or by imprisonment not exceeding one year''.

• 1955 - Act July 7, 1955, substituted ''fifty thousand dollars'' for ''five thousand''.

Cross References.

• Antitrust laws inapplicable to labor organizations, see section 17 of this title.

• Carriers relieved from operation of this chapter, see section 11341 of Title 49, Transportation.

• Combinations in restraint of import trade, see section 8 of this title.

• Conspiracy to commit offense or to defraud United States, see section 371 of Title 18, Crimes and Criminal Procedure.

• Discrimination in price, services or facilities, see section 13 of this title.