Considers legislation to provide antitrust law exemptions for professional baseball, football, basketball, and hockey organizations.

Considers S. 3483, to include baseball under antitrust provisions of the Sherman Act, the Clayton Act, and the Federal Trade Commission Act, and to exempt football, hockey, and basketball from certain aspects of these provisions.

Considers the effects of U.S. antitrust laws on competitive ability of U.S. firms and international firms operating under foreign laws.

Considers S. 616 and related S. 886, to amend the Federal Trade Commission Act to clarify the antitrust status of professional sports leagues.

Considers legislation to provide antitrust law exemptions for professional baseball, football, basketball, and hockey organizations.

Considers S. 1520, to exempt from the antitrust laws certain combinations and arrangements necessary for the survival of failing newspapers.