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Senate Panel Passes Rail Antitrust Restrictions

8:25 AM MDT | September 26, 2007 | Chemical Week Editorial Staff

The Senate Judiciary Committee has passed a bill that would limit rail carriers’ current exemptions from antitrust laws. The Railroad Antitrust Enforcement Act of 2007 (S. 772), introduced by committee chairman Senator Patrick Leahy (D., VT) and Senator Norm Coleman (R., MN), would allow the Department of Justice and the Federal Trade Commission to review rail carrier mergers under antitrust law. It would also allow state attorneys general and other parties to sue for damages, and to sue to halt anti-competitive conduct. Those provisions are not open to...

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