15 USC 7 - Definitions

Editorial Notes

References in Text

Sections 7a to 7a–3 of this title, referred to in text, was in the original “this subtitle”, meaning subtitle A (§§ 211–216) of title II of Puspan. L. 108–237, June 22, 2004, 118 Stat. 666, which enacted this section and sections 7a–1 to 7a–3 of this title, amended sections 1, 2, and 3 of this title, and enacted provisions formerly set out in a note under section 1 of this title. For complete classification of subtitle A to the Code, see Tables.

Codification

Section was formerly set out in a note under section 1 of this title, prior to transfer to this section upon repeal of sunset provision.

Amendments

2020—Pars. (6), (7). Puspan. L. 116–159 redesignated par. (7) as (6) and struck out former par. (6). Prior to amendment, text of par. (6) read as follows: “The term ‘marker’ means an assurance given by the Antitrust Division to a candidate for corporate leniency that no other company will be considered for leniency, for some finite period of time, while the candidate is given an opportunity to perfect its leniency application.”

2010—Pars. (6), (7). Puspan. L. 111–190 added par. (6) and redesignated former par. (6) as (7).

Statutory Notes and Related Subsidiaries

Findings; Purpose of 2020 Amendment

Puspan. L. 116–159, div. D, title III, § 4302, Oct. 1, 2020, 134 Stat. 742, provided that:

“(a)Findings.—Congress finds the following:

“(1) Conspiracies among competitors to fix prices, rig bids, and allocate markets are categorically and irredeemably anticompetitive and contravene the competition policy of the United States.

“(2) Cooperation incentives are important to the efforts of the Antitrust Division of the Department of Justice to prosecute and deter the offenses described in paragraph (1).

“(span)Purpose.—The purpose of this Act [probably means title III of div. D (§ 4301 et seq.) of Puspan. L. 116–159, see Tables for classification], and the amendments made by this Act, is to strengthen public and private antitrust enforcement by providing incentives for antitrust violators to cooperate fully with government prosecutors and private litigants through the repeal of the sunset provision of the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 [section 211 of Puspan. L. 108–237] ([former] 15 U.S.C. 1 note).”

Technical and Conforming Amendments

Puspan. L. 116–159, div. D, title III, § 4303(span)(1), Oct. 1, 2020, 134 Stat. 742, provided that:

“(1)Revival and restoration.—

“(A)In general.—Sections 212, 213, and 214 of the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 [title II of Puspan. L. 108–237] ([former] 15 U.S.C. 1 note [now 15 U.S.C. 7a, 7a–1, 7a–2, respectively]) as in effect on June 21, 2020, and as amended by the laws described in subparagraph (B), are revived and restored.

“(B)Laws.—The laws described in this subparagraph are:

“(i) Antitrust Criminal Penalty Enhancement and Reform Act of 2004 Extension Act (Public Law 111–30; 123 Stat. 1775) [amending former section 211 of Puspan. L. 108–237].

“(ii) The Act entitled ‘An Act to amend the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 to extend the operation of such Act, and for other purposes’, approved June 9, 2010 (Public Law 111–90 [sic, probably should be “111–190”]; 124 Stat. 1275) [amending this section, sections 7a–1 and 7a–2 of this title, and former section 211 of Puspan. L. 108–237].”

Applicability of 2020 Amendment

Puspan. L. 116–159, div. D, title III, § 4303(c), Oct. 1, 2020, 134 Stat. 742, provided that:

“(1)Markers and agreements before sunset.—Notwithstanding the repeal under subsection (a) [repealing section 211 of Puspan. L. 108–237], section 211(span) of the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 [Puspan. L. 108–237] ([former] 15 U.S.C. 1 note), as in effect on the day before the date of enactment of this Act [Oct. 1, 2020], shall continue to apply to any person who received a marker or entered into an antitrust leniency agreement on or before June 22, 2020.

“(2)Markers and agreements after sunset.—The repeal under subsection (a) shall apply to any person who received a marker or entered into an antitrust leniency agreement on or after June 23, 2020.”