Title 15Commerce and TradeRelease 119-73

§63 Acquisition of stock of export trade corporation

Title 15 › Chapter CHAPTER 2— - FEDERAL TRADE COMMISSION; PROMOTION OF EXPORT TRADE AND PREVENTION OF UNFAIR METHODS OF COMPETITION › Subchapter SUBCHAPTER II— - PROMOTION OF EXPORT TRADE › § 63

Last updated Apr 6, 2026|Official source

Summary

Permits a corporation to buy or own all or part of the stock or other ownership of a company that was set up only to do export trade and really does only export trade. The purchase is not allowed if it would limit trade or greatly reduce competition in the United States.

Full Legal Text

Title 15, §63

Commerce and Trade — Source: USLM XML via OLRC

Nothing contained in section 18 of this title shall be construed to forbid the acquisition or ownership by any corporation of the whole or any part of the stock or other capital of any corporation organized solely for the purpose of engaging in export trade, and actually engaged solely in such export trade, unless the effect of such acquisition or ownership may be to restrain trade or substantially lessen competition within the United States.

Reference

Citations & Metadata

Citation

15 U.S.C. § 63

Title 15Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73