§ 8. Trusts in restraint of import trade illegal; penalty

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.

1. 1894

   Pub. L. 53–349 § 73 · 28 Stat. 509

   Enacted · 15 U.S.C. § 8

   Aug. 27, 1894, ch. 349, § 73, 28 Stat. 570

   Source evidence

   Code source credit
   Aug. 27, 1894, ch. 349, § 73, 28 Stat. 570

   Enacted provision · exact public law section
   Sec. 73. That every combination, conspiracy, trust, agreement, or Trusts, etc., in restraint of import trade declared void. contract is hereby declared to be contrary to public policy,-illegal, the void, when the same is made by or between two or more persons or corporations either of whom is engaged in importing any article from any foreign country into the United States, and when such combination. conspiracy, trust, agreement, or contract is intended to operate in restraint of lawful trade, or free competition in lawful trade or commerce, or to increase the market price in any part of the United States of any article or articles imported or intended to be imported into the United States, or of any manufacture into which such imported article Penalty. enters or is intended to enter. Every person who is or shall hereafter be engaged in the importation of goods or any commodity from any foreign country in violation of this section of this Act, or who shall combine or conspire with another to violate the same, is guilty of a misdemeanor, the, on conviction thereof in any court of the United States, such person shall be fined in a sum not less than one hundred dollars the not exceeding five thousand dollars, the shall be further punished by imprisonment, in the discretion of the court, for a term not less than three months nor exceeding twelve months.

1 of 1 references resolved to an enrolled provision