
[Code of Federal Regulations]
[Title 16, Volume 1]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 16CFR1]

[Page 24-25]
 
                     TITLE 16--COMMERCIAL PRACTICES
 
                   CHAPTER I--FEDERAL TRADE COMMISSION
 
PART 1--GENERAL PROCEDURES--Table of Contents
 
Subpart E--Export Trade Associations

Sec. 1.41  Limited antitrust exemption.

    The Export Trade Act authorizes the organization and operation of 
export trade associations, and extends to them certain limited 
exemptions from the Sherman Act and the Clayton Act. It also extends the 
jurisdiction of the Commission under the Federal Trade Commission Act to 
unfair methods of competition used in export trade against competitors 
engaged in export trade, even though the acts constituting such unfair 
methods are done without the territorial jurisdiction of the United 
States.

Sec. 1.42  Notice to Commission.

    To obtain the exemptions afforded by the Act, an export trade 
association is required to file with the Commission, within thirty (30) 
days after its creation, a verified written statement setting forth the 
location of its offices and places of business, names, and addresses of 
its officers, stockholders, or members, and copies of its documents of 
incorporation or association. On the first day of January of each year 
thereafter, each association must file a like statement and, when 
required by the Commission to do so, must furnish to the Commission 
detailed information as to its organization, business, conduct, 
practices, management, and relation to other associations, corporations, 
partnerships, and individuals.

[[Page 25]]

Sec. 1.43  Recommendations.

    Whenever the Commission has reason to believe that an association 
has violated the prohibitions of section 2 of the Act, it may conduct an 
investigation. If, after investigation, it concludes that the law has 
been violated, it may make to such association recommendations for the 
readjustment of its business. If the association fails to comply with 
the recommendations, the Commission will refer its findings and 
recommendations to the Attorney General for appropriate action.
