S. 3586 · 117th Congress · Senate

Ocean Shipping Competition Reform Act of 2022

Active· Read twice and referred to the Committee on the Judiciary.
Introduced
Feb 3, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Ocean Shipping Competition Reform Act of 2022

This bill eliminates certain antitrust immunity for anticompetitive acts by ocean common carriers or marine terminal operators and allows the Department of Justice (DOJ), in addition to the Federal Maritime Commission (FMC), to seek injunctive relief for anticompetitive acts by such carriers or operators.

The bill allows third parties to participate in civil actions brought by the FMC or DOJ against ocean carriers for anticompetitive harm. It also allows for punitive damages.