Senate Committee Passes Railroad Antitrust Act

Law360, New York (September 20, 2007, 12:00 AM EDT) -- The Senate Judiciary Committee has passed legislation that, if it becomes law, will purportedly increase competition and fairness by repealing the railroad antitrust exemptions.

The bill, known as the Railroad Antitrust Enforcement Act of 2007, passed the Senate Judiciary Committee by a voice vote on Thursday and will now move to the full Senate. A companion bill is currently pending in the House Judiciary Committee.

“Today's action by the Senate Judiciary Committee is an important first step in repairing our broken rail policies and ensuring fairness...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.