Title 15, Commerce and TradeRelease 119-102
§63 Acquisition of Stock of Export Trade Corporation
Title 15 › CHAPTER 2 — FEDERAL TRADE COMMISSION; PROMOTION OF EXPORT TRADE AND PREVENTION OF UNFAIR METHODS OF COMPETITION › SUBCHAPTER II — PROMOTION OF EXPORT TRADE › § 63
Summary
A company may buy any ownership in a firm that was formed and operates only to export, unless the purchase would likely restrain trade or substantially lessen U.S. competition.
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 15, Commerce and Trade
Last Updated
Aug 21, 2026
Release point: 119-102