Year 2000 Enhanced Cooperation Solution
The source supplies the latest action, but no lifecycle stage.
Latest action (30 Jul 1998): Read twice and referred to the Committee on Judiciary.
What this bill does
This bill, S. 2384, proposes to temporarily exempt certain business activities from federal antitrust laws. Specifically, it would shield companies from antitrust lawsuits if their actions, or agreements made between them, are solely intended to help fix problems caused by the Year 2000 computer bug. This exemption would be in effect from the date the bill becomes law until December 31, 2001.
However, this exemption would not apply to conduct that leads to a company being excluded from the market, or to agreements where businesses decide to divide up customers, set prices, or limit how much they produce. The bill defines "antitrust laws" broadly to include federal laws like the Clayton Act and the Federal Trade Commission Act, as well as similar state laws.
S. 2384 was introduced in the Senate in July 1998 and currently remains in the "Introduced" status. It was referred to the Committee on the Judiciary. For the bill to move forward, it would need to be considered and passed by that committee, and then subsequently by the full Senate and the House of Representatives before it could be sent to the President for enactment.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
Year 2000 Enhanced Cooperation Solution - Makes Federal antitrust laws inapplicable to conduct (or a related agreement) engaged in solely to facilitate responses designed to mitigate the impact of a computer data failure caused by the Year 2000 transition if such conduct or agreement occurs after the date of enactment of this Act and before December 31, 2001. Provides an exception with respect to conduct that results in a boycott of a person or that involves an agreement to allocate a market or to fix prices or output.
Timeline
30 Jul 1998
Read twice and referred to the Committee on Judiciary.
Common questions
- What does S. 2384 do?
- This bill, S. 2384, proposes to temporarily exempt certain business activities from federal antitrust laws. Specifically, it would shield companies from antitrust lawsuits if their actions, or agreements made between them, are solely intended to help fix problems caused by the Year 2000 computer bug. This exemption would be in effect from the date the bill becomes law until December 31, 2001. However, this exemption would not apply to conduct that leads to a company being excluded from the market, or to agreements where businesses decide to divide up customers, set prices, or limit how much they produce. The bill defines "antitrust laws" broadly to include federal laws like the Clayton Act and the Federal Trade Commission Act, as well as similar state laws. S. 2384 was introduced in the Senate in July 1998 and currently remains in the "Introduced" status. It was referred to the Committee on the Judiciary. For the bill to move forward, it would need to be considered and passed by that committee, and then subsequently by the full Senate and the House of Representatives before it could be sent to the President for enactment.
- Has S. 2384 become law?
- The source does not supply a confirmed lifecycle stage for S. 2384. Check the latest action and official source below.
- Who sponsored S. 2384?
- S. 2384 was sponsored by Sen. Ashcroft, John [R-MO] (R-MO), with 1 cosponsor.
- What's the latest action on S. 2384?
- Read twice and referred to the Committee on Judiciary. (30 Jul 1998).
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