Bill No.: HB0029                  Drafter:  MRW

 

LSO No.:  06LSO-0024              Effective Date:  7/1/2006

 

Enrolled Act No.:  HEA0047

 

Chapter No.:       89

 

Prime Sponsor:     Joint Agriculture, Public Lands and Water Resources Interim Committee

 

Catch Title:       Anti-trust provisions.

 

Subject:  Providing for anti-trust damages.

 

Summary/Major Elements:

 

·        Modifies anti-trust provisions to allow suit to be brought for a reasonably foreseeable physical and economic causal nexus to the specific act or acts alleged to be an anti-trust violation.

 

·        Provides for treble damages plus costs to be recovered for the anti-trust violation.

 

·        Provides for a defense to avoid duplication of damages if the illegal overcharges have been passed to others.

 

·        Allows for cases to be consolidated to avoid multiplicity of lawsuits.