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H.R.1346 / 112th Congress

NOPEC

Referred to the Subcommittee on Intellectual Property, Competition and the Internet.

Official summary

Version 00 · Introduced in House · Apr 4, 2011

No Oil Producing and Exporting Cartels Act of 2011 or NOPEC - Amends the Sherman Act to declare it to be illegal and a violation of the Act for any foreign state or instrumentality thereof to act collectively or in combination with any other foreign state or any other person, whether by cartel or any other association or form of cooperation or joint action, to limit the production or distribution of oil, natural gas, or any other petroleum product (petroleum), to set or maintain the price of petroleum, or to otherwise take any action in restraint of trade for petroleum, when such action has a direct, substantial, and reasonably foreseeable effect on the market, supply, price, or distribution of petroleum in the United States.

Denies a foreign state engaged in such conduct sovereign immunity from the jurisdiction or judgments of U.S. courts in any action brought to enforce this Act.

States that no U.S. court shall decline, based on the act of state doctrine, to make a determination on the merits in an action brought under this Act.

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Authorizes the Attorney General (DOJ) and the Federal Trade Commission (FTC) to bring an action in U.S. district court to enforce this Act.

Amends the federal judicial code to make an exception to the jurisdictional immunity of a foreign state in an action brought under this Act.

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Who introduced it

Rep. Chabot, Steve [R-OH-1] · R–OH

Committees

  • Judiciary Committee
0 cosponsorship records, including any withdrawals

    Actions

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    1. Referred to the Subcommittee on Intellectual Property, Competition and the Internet.

    2. Referred to the House Committee on the Judiciary.

    3. Introduced in House

    4. Introduced in House

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