Title: Increases Penalty for Antitrust Violations
Vote to pass a bill that increases the penalty for antitrust violations.
Increases civil penalty limit from $250,000 to $1 million (Page 1).
Authorizes Attorney General to seek “Equtiable relief, including disgorgement of any gains…[i]njunctive relief; and…[m]onetary relief” (Page 2).
Specifies that “the court shall award to the Attorney General on behalf of a natural person, the state or a public body three times the total damages that the natural person, the state or the public body sustained from the violation plus the Attorney General’s costs in bringing the action” (Page 3).
Amends timeframe regarding filing of action parens patriae (Page 5).
Title: Increases Penalty for Antitrust Violations