Senate Panel Passes Railroad Antitrust Act

Law360, New York (March 5, 2009, 12:00 AM EST) -- The Senate Judiciary Committee voted unanimously to amend railroad antitrust laws on Thursday, paving the way for the U.S. Senate to outlaw freight railroads exemptions.

The bill, entitled the Railroad Antitrust Enforcement Act of 2009, will now move to the Senate for the second time since 2007.

The RAEA would extend the Clayton Act to the railroad companies, giving the U.S. Department of Justice and the Federal Trade Commission the power to review railroad mergers, and allowing the federal government, state attorneys general and private parties...
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