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Bill > S3377


US S3377

Antitrust Criminal Penalty Enhancement and Reform Permanent Extension Act


summary

Introduced
03/03/2020
In Committee
03/03/2020
Crossed Over
06/29/2020
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

Antitrust Criminal Penalty Enhancement and Reform Permanent Extension Act Antitrust Criminal Penalty Enhancement and Reform Permanent Extension Act This bill permanently authorizes the Antitrust Criminal Penalty Enhancement and Reform Act (ACPERA) of 2004. ACPERA provides incentives (e.g., limitations on civil liability) for corporations to self-report criminal conduct to the Antitrust Division within the Department of Justice. Currently, ACPERA expires on June 22, 2020.

AI Summary

This bill permanently authorizes the Antitrust Criminal Penalty Enhancement and Reform Act (ACPERA) of 2004. ACPERA provides incentives, such as limitations on civil liability, for corporations to self-report criminal antitrust conduct, such as price-fixing, bid-rigging, and market allocation, to the Antitrust Division of the Department of Justice. The purpose of this bill is to strengthen public and private antitrust enforcement by removing the sunset provision of ACPERA, which was set to expire on June 22, 2020.

Committee Categories

Justice

Sponsors (4)

Last Action

Held at the desk. (on 06/29/2020)

bill text


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