U.S Code last checked for updates: May 23, 2024
§ 46.
Additional powers of Commission
The Commission shall also have power—
(a)
Investigation of persons, partnerships, or corporations
(b)
Reports of persons, partnerships, and corporations
(c)
Investigation of compliance with antitrust decrees
(d)
Investigations of violations of antitrust statutes
(e)
Readjustment of business of corporations violating antitrust statutes
(f)
Publication of information; reports
(g)
Classification of corporations; regulations
(h)
Investigations of foreign trade conditions; reports
(i)
Investigations of foreign antitrust law violations
(j)
Investigative assistance for foreign law enforcement agencies
(1)
In general
(2)
Type of assistance
In providing assistance to a foreign law enforcement agency under this subsection, the Commission may—
(A)
conduct such investigation as the Commission deems necessary to collect information and evidence pertinent to the request for assistance, using all investigative powers authorized by this subchapter; and
(B)
when the request is from an agency acting to investigate or pursue the enforcement of civil laws, or when the Attorney General refers a request to the Commission from an agency acting to investigate or pursue the enforcement of criminal laws, seek and accept appointment by a United States district court of Commission attorneys to provide assistance to foreign and international tribunals and to litigants before such tribunals on behalf of a foreign law enforcement agency pursuant to section 1782 of title 28.
(3)
Criteria for determination
In deciding whether to provide such assistance, the Commission shall consider all relevant factors, including—
(A)
whether the requesting agency has agreed to provide or will provide reciprocal assistance to the Commission;
(B)
whether compliance with the request would prejudice the public interest of the United States; and
(C)
whether the requesting agency’s investigation or enforcement proceeding concerns acts or practices that cause or are likely to cause injury to a significant number of persons.
(4)
International agreements
If a foreign law enforcement agency has set forth a legal basis for requiring execution of an international agreement as a condition for reciprocal assistance, or as a condition for provision of materials or information to the Commission, the Commission, with prior approval and ongoing oversight of the Secretary of State, and with final approval of the agreement by the Secretary of State, may negotiate and conclude an international agreement, in the name of either the United States or the Commission, for the purpose of obtaining such assistance, materials, or information. The Commission may undertake in such an international agreement to—
(A)
provide assistance using the powers set forth in this subsection;
(B)
disclose materials and information in accordance with subsection (f) and section 57b–2(b) of this title; and
(C)
engage in further cooperation, and protect materials and information received from disclosure, as authorized by this subchapter.
(5)
Additional authority
(6)
Limitation
(7)
Assistance to certain countries
(k)
Referral of evidence for criminal proceedings
(1)
In general
(2)
International information
(l)
Expenditures for cooperative arrangements
To expend appropriated funds for—
(1)
operating expenses and other costs of bilateral and multilateral cooperative law enforcement groups conducting activities of interest to the Commission and in which the Commission participates; and
(2)
expenses for consultations and meetings hosted by the Commission with foreign government agency officials, members of their delegations, appropriate representatives and staff to exchange views concerning developments relating to the Commission’s mission, development and implementation of cooperation agreements, and provision of technical assistance for the development of foreign consumer protection or competition regimes, such expenses to include necessary administrative and logistic expenses and the expenses of Commission staff and foreign invitees in attendance at such consultations and meetings including—
(A)
such incidental expenses as meals taken in the course of such attendance;
(B)
any travel and transportation to or from such meetings; and
(C)
any other related lodging or subsistence.
The Commission shall establish a plan designed to substantially reduce burdens imposed upon small businesses as a result of requirements established by the Commission under clause (b) relating to the filing of quarterly financial reports. Such plan shall (1) be established after consultation with small businesses and persons who use the information contained in such quarterly financial reports; (2) provide for a reduction of the number of small businesses required to file such quarterly financial reports; and (3) make revisions in the forms used for such quarterly financial reports for the purpose of reducing the complexity of such forms. The Commission, not later than December 31, 1980, shall submit such plan to the Committee on Commerce, Science, and Transportation of the Senate and to the Committee on Energy and Commerce of the House of Representatives. Such plan shall take effect not later than October 31, 1981.
No officer or employee of the Commission or any Commissioner may publish or disclose information to the public, or to any Federal agency, whereby any line-of-business data furnished by a particular establishment or individual can be identified. No one other than designated sworn officers and employees of the Commission may examine the line-of-business reports from individual firms, and information provided in the line-of-business program administered by the Commission shall be used only for statistical purposes. Information for carrying out specific law enforcement responsibilities of the Commission shall be obtained under practices and procedures in effect on May 28, 1980, or as changed by law.
Nothing in this section (other than the provisions of clause (c) and clause (d)) shall apply to the business of insurance, except that the Commission shall have authority to conduct studies and prepare reports relating to the business of insurance. The Commission may exercise such authority only upon receiving a request which is agreed to by a majority of the members of the Committee on Commerce, Science, and Transportation of the Senate or the Committee on Energy and Commerce of the House of Representatives. The authority to conduct any such study shall expire at the end of the Congress during which the request for such study was made.
(Sept. 26, 1914, ch. 311, § 6, 38 Stat. 721; Pub. L. 93–153, title IV, § 408(e), Nov. 16, 1973, 87 Stat. 592; Pub. L. 93–637, title II, §§ 201(b), 202(b), 203(a), Jan. 4, 1975, 88 Stat. 2193, 2198; Pub. L. 96–37, § 1(b), July 23, 1979, 93 Stat. 95; Pub. L. 96–252, §§ 3–5(a), May 28, 1980, 94 Stat. 374, 375; Pub. L. 100–86, title VII, § 715(a), (b), Aug. 10, 1987, 101 Stat. 655; Pub. L. 103–437, § 5(a), Nov. 2, 1994, 108 Stat. 4582; Pub. L. 103–438, § 3(e)(2)(A), Nov. 2, 1994, 108 Stat. 4598; Pub. L. 109–455, §§ 4(a), (b), (d), 13, Dec. 22, 2006, 120 Stat. 3372, 3373, 3375, 3382; Pub. L. 112–203, § 1, Dec. 4, 2012, 126 Stat. 1484.)
cite as: 15 USC 46