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Webb-Pomerene Act of 1918
(redirected from Webb-Pomerene Act)

   Also found in: Encyclopedia 0.01 sec.
Webb-Pomerene Act of 1918
Legislation in the United States that exempts associations of exporters from the provisions of the Sherman Antitrust Act. That is, it allows exporters to engage in acts that otherwise might be considered collusion in order to promote American trade abroad. However, they may not engage in importation or sales within the United States. These exporters may not combine services; that is, they may only collude to export similar products.


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About PhosChem PhosChem was founded in 1974 in accordance with the provisions of the Webb-Pomerene Act and is the export marketing association for its members.
NCFC has also joined the Joint Export Trade Alliance in support of the Export Trading Company Act and the Webb-Pomerene Act, two other provisions singled out by the Commission for study.
About PhosChem PhosChem was founded in 1974 in accordance with the provisions of the Webb-Pomerene Act and is the export marketing association for its members.
 
 
 
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