Appendix G. Webb-Pomerene Act

• Pages: 525-528

525

APPENDIX G

WEBB-POMERENE ACT

Section 1

The words “export trade” wherever used in this subchapter mean

solely trade or commerce in goods, wares, or merchandise exported, or in

the course of being exported from the United States or any Territory

thereof to any foreign nation; but the words “export trade” shall not be

deemed to include the production, manufacture, or selling for

consumption or for resale, within the United States or any Territory

thereof, of such goods, wares, or merchandise, or any act in the course of

such production, manufacture, or selling for consumption or resale.

The words “trade within the United States” wherever used in this Act

mean trade or commerce among the several States or in any Territory of

the United States, or in the District of Columbia, or between any such

Territory and another, or between any such Territory or Territories and

any State or States or the District of Columbia, or between the District of

Columbia and any State or States.

The word “association” wherever used in this Act means any

corporation or combination, by contract or otherwise, or two or more

persons, partnerships, or corporations. [15 U.S.C. § 61]

Section 2

Nothing contained in the Sherman Act [15 U.S.C. 1 et seq.] shall be

construed as declaring to be illegal an association entered into for the

sole purpose of engaging in export trade and actually engaged solely in

such export trade, or an agreement made or act done in the course of

export trade by such association, provided such association, agreement,

or act is not in restraint of trade within the United States, and is not in

restraint of the export trade of any domestic competitor of such

association: Provided, That such association does not, either in the

United States or elsewhere, enter into any agreement, understanding, or

conspiracy, or do any act which artificially or intentionally enhances or

depresses prices within the United States of commodities of the class