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New California Law Increases Antitrust Penalties
by
Cozen O'Connor
California Governor Gavin Newsom
signed
into law
Senate Bill 763
, co-sponsored by AG Rob Bonta, which strengthens antitrust enforcement under state law.
The new law increased criminal fines for corporations from $1 million to $6 million per violation, and increased criminal fines for individuals from $250,000 to $1 million per violation.
The law also added civil penalties of up to $1 million per violation that courts can impose.
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