Antitrust Amendments Act of 1990

The Antitrust Amendments Act of 1990 was enacted on November 16, 1990, by Public Law 101-588. The Act amends Section 8 of the Clayton Act to prohibit a person from serving as director or officer in two competing corporations with aggregate capital, surplus, and undivided profits exceeding $10 million. It also increases thresholds for determining eligibility to act as an officer under the provisions. Additionally, the Act repeals Section 10 of the Clayton Act and amends Sections 1, 2, and 3 of the Sherman Act regarding restraint of trade among states, monopoly, and other restraints of trade. The Act further authorizes treble damages for the United States in antitrust cases.