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U.S. Code as of:
01/19/04
Section 314. Competition in commerce; preservation
After the effective date of this chapter no person engaged
directly, or indirectly through any person directly or indirectly
controlling or controlled by, or under direct or indirect common
control with, such person, or through an agent, or otherwise, in
the business of transmitting and/or receiving for hire energy,
communications, or signals by radio in accordance with the terms of
the license issued under this chapter, shall by purchase, lease,
construction, or otherwise, directly or indirectly, acquire, own,
control, or operate any cable or wire telegraph or telephone line
or system between any place in any State, Territory, or possession
of the United States or in the District of Columbia, and any place
in any foreign country, or shall acquire, own, or control any part
of the stock or other capital share or any interest in the physical
property and/or other assets of any such cable, wire, telegraph, or
telephone line or system, if in either case the purpose is and/or
the effect thereof may be to substantially lessen competition or to
restrain commerce between any place in any State, Territory, or
possession of the United States, or in the District of Columbia,
and any place in any foreign country, or unlawfully to create
monopoly in any line of commerce; nor shall any person engaged
directly, or indirectly through any person directly or indirectly
controlling or controlled by, or under direct or indirect common
control with, such person, or through an agent, or otherwise, in
the business of transmitting and/or receiving for hire messages by
any cable, wire, telegraph, or telephone line or system (a) between
any place in any State, Territory, or possession of the United
States, or in the District of Columbia, and any place in any other
State, Territory, or possession of the United States; or (b)
between any place in any State, Territory, or possession of the
United States, or the District of Columbia, and any place in any
foreign country, by purchase, lease, construction, or otherwise,
directly or indirectly acquire, own, control, or operate any
station or the apparatus therein, or any system for transmitting
and/or receiving radio communications or signals between any place
in any State, Territory, or possession of the United States, or in
the District of Columbia, and any place in any foreign country, or
shall acquire, own, or control any part of the stock or other
capital share or any interest in the physical property and/or other
assets of any such radio station, apparatus, or system, if in
either case the purpose is and/or the effect thereof may be to
substantially lessen competition or to restrain commerce between
any place in any State, Territory, or possession of the United
States, or in the District of Columbia, and any place in any
foreign country, or unlawfully to create monopoly in any line of
commerce.
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