Bill > HB2072

This bill, the Antitrust Penalties Improvement Act, amends the existing law in Washington State to significantly increase the civil penalties for antitrust violations. Specifically, it removes the previous cap of $900,000 and instead sets the penalty as up to three times the unlawful gains or losses avoided by the violator. Additionally, it imposes an enhanced $5,000 penalty for violations that target or impact specific individuals or communities based on demographic characteristics. The bill also requires the Office of the Attorney General to regularly evaluate the efficacy of the penalty amounts and report any recommendations to the legislature.