To specify the standards governing claims of consciously parallel pricing coordination in civil actions under the Sherman Act, and to clarify the meaning of contract, combination in the form of trust or otherwise, or conspiracy under the Sherman Act.

This bill appears to set rules for how courts should handle claims that businesses are coordinating their prices in a similar way without a direct agreement, under the Sherman Act, which is a law dealing with fair competition. It also seeks to clarify what counts as a contract, trust, or conspiracy under that same law. No official summary is available for this bill.

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