
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 49USC41308]

 
                        TITLE 49--TRANSPORTATION
 
                     SUBTITLE VII--AVIATION PROGRAMS
 
                     PART A--AIR COMMERCE AND SAFETY
 
                     subpart ii--economic regulation
 
                 CHAPTER 413--FOREIGN AIR TRANSPORTATION
 
Sec. 41308. Exemption from the antitrust laws

    (a) Definition.--In this section, ``antitrust laws'' has the same 
meaning given that term in the first section of the Clayton Act (15 
U.S.C. 12).
    (b) Exemption Authorized.--When the Secretary of Transportation 
decides it is required by the public interest, the Secretary, as part of 
an order under section 41309 or 42111 of this title, may exempt a person 
affected by the order from the antitrust laws to the extent necessary to 
allow the person to proceed with the transaction specifically approved 
by the order and with any transaction necessarily contemplated by the 
order.
    (c) Exemption Required.--In an order under section 41309 of this 
title approving an agreement, request, modification, or cancellation, 
the Secretary, on the basis of the findings required under section 
41309(b)(1), shall exempt a person affected by the order from the 
antitrust laws to the extent necessary to allow the person to proceed 
with the transaction specifically approved by the order and with any 
transaction necessarily contemplated by the order.

(Pub. L. 103-272, Sec. 1(e), July 5, 1994, 108 Stat. 1128.)

                                          Historical and Revision Notes
-------------------------------------------------------------------------------
---------------------------------
           Revised  Section                    Source (U.S. Code)              
 Source (Statutes at Large)
-------------------------------------------------------------------------------
---------------------------------
41308.................................  49 App.:1384.                    Aug. 2
3, 1958, Pub. L. 85-726, Sec.
                                                                          414, 
72 Stat. 770; restated Oct. 24,
                                                                          1978,
 Pub. L. 95-504, Sec.  30(a), 92
                                                                          Stat.
 1731; Feb. 15, 1980, Pub. L. 96-
                                                                          192, 
Sec.  27, 94 Stat. 47.
                                        49 App.:1551(a)(6) (related to   Aug. 2
3, 1958, Pub. L. 85-726, 72 Stat.
                                         49 App.:1384).                   731, 
Sec.  1601(a)(6) (related to Sec.
                                                                           414)
; added Oct. 4, 1984, Pub. L. 98-
                                                                          443, 
Sec.  3(c), 98 Stat. 1704.
                                        49 App.:1551(b)(1)(C) (related   Aug. 2
3, 1958, Pub. L. 85-726, 72 Stat.
                                         to 49 App.:1384).                731, 
Sec.  1601(b)(1)(C) (related to
                                                                          Sec. 
 414); added Oct. 24, 1978, Pub.
                                                                          L. 95
-504, Sec.  40(a), 92 Stat. 1745;
                                                                          Oct. 
14, 1982, Pub. L. 97-309, Sec.
                                                                          4(b),
 96 Stat. 1454; Oct. 4, 1984,
                                                                          Pub. 
L. 98-443, Sec.  3(a), 98 Stat.
                                                                          1703.
-------------------------------------------------------------------------------
---------------------------------

    Subsection (a) is substituted for ``the `anti-trust laws' set forth 
in subsection (a) of section 12 of title 15'' for consistency in the 
revised title and with other titles of the United States Code.
    In subsection (b), reference to 49 App.:1378 and 1379 is omitted as 
obsolete.

                  Section Referred to in Other Sections

    This section is referred to in section 41110 of this title.
