
H.R. 29 · 101st Congress · enacted
Antitrust Amendments Act of 1990
Became Public Law No: 101-588.
Latest official action 1990-11-16 · Enacted
The bill, briefly
Antitrust Amendments Act of 1990 - Amends the Clayton Act to prohibit any person from serving as a director or officer (currently, director only) of any two corporations that are competitors by virtue of their business and location so that the elimination of competition by agreement between them would constitute a violation of any of the antitrust laws, if each (currently, any) such corporation has capital, surplus, and undivided profits aggregating more than $10,000,000 (currently, $1,000,000). Establishes exceptions to such interlocking directorate and officer prohibition when: (1) the competitive sales of either corporation are less than $1,000,000; (2) the competitive sales of either corporation are less than two percent of that corporation's total sales; or (3) the competitive sales of each corporation are less than four percent of their total sales. Increases or decreases the $10,000,000 and $1,000,000 threshold amounts by the percentage increase or decrease in the gross national product for the preceding fiscal year. Provides that a director or officer shall not be deemed ineligible under the provisions of this Act until the expiration of one year from the date the event causing ineligibility occurred. Repeals provisions prohibiting dealings exceeding $50,000 a year by a common carrier with a firm if there is any interlocking directorate, unless competitive bidding is u…
Congressional Research Service · 1990-10-27
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
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2,409 latest lobbying reports imported. Some source imports are still in progress.
Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
16 of 16 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
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The largest 40 donor totals appear here. Open each politician for their complete, paginated PAC donor list.
What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.