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Antitrust Freedom Act: Exempting voluntary economic coordination from antitrust laws

This bill aims to exempt voluntary economic agreements and coordination between individuals or groups of individuals from major antitrust laws (Sherman Act, Clayton Act, and FTC Act). This change grants citizens and small groups greater freedom to cooperate and enter into economic contracts without facing antitrust scrutiny. The consequence is potentially making it easier for individuals and small businesses to coordinate activities and pool resources in the marketplace.
Key points
Voluntary economic coordination by individuals is exempted from key antitrust legislation.
Increased freedom for citizens to form economic agreements, associations, and contracts.
Potential simplification for small groups and individual entrepreneurs to coordinate market activities.
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Expired
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Additional Information
Print number: 118_S_4290
Sponsor: Sen. Paul, Rand [R-KY]
Process start date: 2024-05-08
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Antitrust Freedom Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_4290.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-05-08.

What are the main provisions?

Key points include:

  • Voluntary economic coordination by individuals is exempted from key antitrust legislation.
  • Increased freedom for citizens to form economic agreements, associations, and contracts.
  • Potential simplification for small groups and individual entrepreneurs to coordinate market activities.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Paul, Rand [R-KY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Courts and Law