Title 15 — Commerce and Trade
Chapter 2 — Federal Trade Commission; Promotion of Export Trade and Prevention of Unfair Methods of Competition
§ 47. Reference of suits under antitrust statutes to Commission
Statutory text
In any suit in equity brought by or under the direction of the Attorney General as provided in the antitrust Acts, the court may, upon the conclusion of the testimony therein, if it shall be then of opinion that the complainant is entitled to relief, refer said suit to the Commission, as a master in chancery, to ascertain and report an appropriate form of decree therein. The Commission shall proceed upon such notice to the parties and under such rules of procedure as the court may prescribe, and upon the coming in of such report such exceptions may be filed and such proceedings had in relation thereto as upon the report of a master in other equity causes, but the court may adopt or reject such report, in whole or in part, and enter such decree as the nature of the case may in its judgment require.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 63–311 § 7 · 38 Stat. 717
Enacted · 15 U.S.C. § 47
(Sept. 26, 1914, ch. 311, § 7, 38 Stat. 722.)
Source evidence
Code source credit
(Sept. 26, 1914, ch. 311, § 7, 38 Stat. 722.)Enacted provision · exact public law section
Sec. 7. That in any suit in equity brought by or under the direction of the Attorney General as provided in the antitrust Acts, the court may, upon the conclusion of the testimony therein, if it shall be then of opinion that the complainant is entitled to relief, refer said suit to the commission, as a master in chancery, to ascertain and report an Proceedings to determine. appropriate form of decree therein. The commission shall proceed upon such notice to the parties and under such rules of procedure as the court may prescribe, and upon the coming in of such report such exceptions may be filed and such proceedings had in relation thereto Action of court. as upon the report of a master in other equity causes, but the court may adopt or reject such report, in whole or in part, and enter such decree as the nature of the case may in its judgment require.
1 of 1 references resolved to an enrolled provision
Editorial Notes
References in Text
The words “In any suit in equity brought by or under the direction of the Attorney General as provided in the antitrust Acts” have reference to actions under sections 4, 9, and 25 of this title.
Executive Documents
Transfer of Functions
For transfer of functions of Federal Trade Commission, with certain exceptions, to Chairman of such Commission, see Reorg. Plan No. 8 of 1950, § 1, eff. , 15 F.R. 3175, 64 Stat. 1264, set out under section 41 of this title.
Credits
(Sept. 26, 1914, ch. 311, § 7, 38 Stat. 722.)