Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · BILL · 118th Congress · S. 4308 (Introduced in Senate) — To reform the antitrust laws to better protect competition in the American economy, to amend the Clayton Act to modif... · Sec. 11

Sec. 11. Penalties for Sherman Act violations

618 words·~3 min read·/bill/118/s/4308/is/section-11

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 1 of the Sherman Antitrust Act ( 15 U.S.C. 1 ) is amended— by striking Every and inserting
(a)Every ; and by adding at the end the following: Every person who violates this section shall be liable to the United States for a civil or criminal penalty of not more than the greater of— 15 percent of the total United States revenues of the person for the previous calendar year; or 30 percent of the United States revenues of the person in any part of the trade or commerce related to or targeted by the unlawful conduct under this section during the period of the unlawful conduct. A penalty under this section may be recovered in a civil or criminal action brought by the United States. . Section 2 of the Sherman Antitrust Act ( 15 U.S.C. 2 ) is amended— by striking Every and inserting
(a)Every ; and by adding at the end the following Every person who violates this section shall be liable to the United States for a civil penalty of not more than the greater of— 15 percent of the total United States revenues of the person for the previous calendar year; or 30 percent of the United States revenues of the person in any part of the trade or commerce related to or targeted by the unlawful conduct under this section during the period of the unlawful conduct. A civil penalty under this section may be recovered in a civil action brought by the United States. . Section 5 of the Federal Trade Commission Act ( 15 U.S.C. 45 ) is amended by adding at the end the following: The Commission may commence a civil action in a district court of the United States against any person, partnership, or corporation for a violation of subsection (a)(1) respecting an unfair method of competition that constitutes a violation of sections 1 or 2 of the Sherman Act ( 15 U.S.C. 1 , 2) and to recover a civil penalty for such violation. In an action under paragraph (1), any person, partnership, or corporation found to have violated subsection (a)(1) respecting an unfair method of competition that constitutes a violation of section 1 or 2 of the Sherman Act ( 15 U.S.C. 1 , 2) shall be liable for a civil penalty of not more than the greater of— 15 percent of the total United States revenues of the person, partnership, or corporation for the previous calendar year; or 30 percent of the United States revenues of the person, partnership, or corporation in any line of commerce related to or targeted by the unlawful conduct described in paragraph
(1)during the period of the unlawful conduct. . Section 16(a)(2) of the Federal Trade Commission Act ( 15 U.S.C. 56(a)(2) ) is amended— in subparagraph (D), by striking or at the end; in subparagraph (E)— by moving the margins 2 ems to the left; and by striking the semicolon and inserting ; or ; and by inserting after subparagraph
(E)the following: to recover civil penalties under section 5(o); . The civil penalties provided in subsection
(b)of section 1 of the Sherman Act ( 15 U.S.C. 1 ), subsection
(b)of section 2 of the Sherman Act ( 15 U.S.C. 2 ), and subsection
(o)of section 5 of the Federal Trade Commission Act ( 15 U.S.C. 45 ), as added by subsection
(a)of this section, are in addition to, and not in lieu of, any other remedy provided by Federal law, including under— section 4 or 16 of the Clayton Act ( 15 U.S.C. 15 , 26); or section 13(b) of the Federal Trade Commission Act ( 15 U.S.C. 53(b) ).
Connectionstraces to 6
Citation graph
cites case law
Sec. 11
Penalties for Sherman Act violations
U.S.C.§ 1
U.S.C.§ 2
U.S.C.§ 45
U.S.C.§ 56
U.S.C.§ 15
U.S.C.§ 53
Cites 6Cited by 0 across 0 sources
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.