summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
05/20/2024
05/20/2024
Introduced Session
93rd Legislature 2023-2024
Bill Summary
A bill for an act relating to judiciary; increasing penalties for antitrust violations; amending Minnesota Statutes 2022, section 325D.56.
AI Summary
This bill increases the penalties for antitrust violations in Minnesota. Specifically, it raises the maximum civil penalty for violating the state's antitrust laws from $50,000 to $150,000, and the maximum civil penalty for failing to comply with a court order related to an antitrust violation from $100,000 to $300,000. Additionally, the bill increases the maximum criminal fine for willfully committing antitrust violations from $50,000 to $150,000. These changes are intended to strengthen the enforcement of Minnesota's antitrust laws and deter anticompetitive behavior.
Committee Categories
Justice
Sponsors (5)
Last Action
Referred to Judiciary and Public Safety (on 02/16/2023)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1766&ssn=0&y=2023 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1766&version=0&session=ls93&session_year=2023&session_number=0&format=pdf |
Loading...