Bill > HR2782

This bill aims to clarify the standards governing claims of consciously parallel pricing coordination under the Sherman Act, a federal antitrust law. It defines "consciously parallel pricing coordination" as a tacit agreement among companies to raise, lower, or manipulate prices for reasonably interchangeable products or services. The bill establishes a framework for plaintiffs to establish a prima facie case of consciously parallel pricing coordination, and it clarifies that a tacit agreement can constitute a "contract, combination in the form of trust or otherwise, or conspiracy" under the Sherman Act. The bill also specifies the pleading and proof standards for such claims, rejecting the more stringent requirements set forth by the Supreme Court in the Twombly decision.