WAY PAVED FOR ANTI-TRUST PROTECTION

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CONGRESSMAN ROBERT A. UNDERWOOD Delegate from Guam U.S. House of Representatives Washington, D.C.

News Release November 4, 1999

FOR U.S. TERRITORIES

Congressman Robert A. Underwood said Guam and the territories may soon have equal protection against monopolistic business practices with passage in the House today of H.R. 1801, a bill that clarifies that U.S. anti-trust laws fully apply to the territories.

"This is very important corrective legislation," the Congressman said. "We wanted to make sure that the businesses that conduct their affairs in Guam and the other territories, whether they are corporations from the outside or are locally owned, do not engage in monopolistic practices."

H.R. 1801, Underwood said, was sponsored by Congressman Henry Hyde (R-IL), Chairman of the House Judiciary Committee, and ranking member John Conyers (D-MI) and co-sponsored by himself and Donna Christensen (D-V.I.), Eni Faleomavaega (D-A.S.), Eleanor Holmes Norton (D-D.C.) and Carlos Romero-Barcelo (D-P.R.).

"We wanted protection for the consumers of the territories by the full application of anti-trust laws," Underwood said, adding that there are numerous such laws and some specifically include the territories and some do not.

"This legislation is necessary because of the fact that many of the anti-trust laws are discussed only in terms of the states. When attempts were made to thwart those corporations which tried to establish monopolies in the territories, the issues were sometimes clouded by the political status of the territories and by questions of the applicability of the laws," Underwood said.

H.R. 1801 will now go to the Senate, where it is expected to pass.

"We anticipate its passage and hopefully it will become law sometime early next year," Underwood said.

For additional information: Email: guamtodc@mail.house.gov 

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