U.S. Chamber Letter to House Committee on the Judiciary, opposing H.R. 948, the No Oil Producing and Exporting Cartels Act (NOPEC).
The U.S. Chamber of Commerce opposes H.R. 948, the No Oil Producing and Exporting Cartels Act (NOPEC), which would amend the Sherman Act to waive sovereign immunity defenses that might otherwise be used to defend against antitrust claims brought before the United States courts.
The U.S. Chamber is unalterably opposed to anti-competitive conduct in commercial markets by foreign states and their agents.