Bill
Bill > HR7882
US HR7882
Antitrust Criminal Penalty Enhancement and Reform Permanent Extension Act
summary
Introduced
07/30/2020
07/30/2020
In Committee
07/30/2020
07/30/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 to repeal the sunset provision. This bill permanently authorizes and restores into effect the Antitrust Criminal Penalty Enhancement and Reform Act (ACPERA) of 2004. ACPERA, which expired on June 22, 2020, provides incentives (e.g., limitations on civil liability) for corporations to self-report criminal conduct to the Antitrust Division within the Department of Justice.
AI Summary
This bill permanently authorizes and restores the Antitrust Criminal Penalty Enhancement and Reform Act (ACPERA) of 2004, which had previously expired on June 22, 2020. ACPERA provides incentives, such as limitations on civil liability, for corporations to self-report criminal antitrust conduct (e.g., price fixing, bid rigging, 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 encouraging greater cooperation from antitrust violators with government prosecutors and private litigants.
Committee Categories
Justice
Sponsors (1)
Last Action
Referred to the House Committee on the Judiciary. (on 07/30/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/7882/all-info |
BillText | https://www.congress.gov/116/bills/hr7882/BILLS-116hr7882ih.pdf |
Bill | https://www.congress.gov/116/bills/hr7882/BILLS-116hr7882ih.pdf.pdf |
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