California SB763 amends the Business and Professions Code to enhance penalties for conspiracy against trade.

California SB763 amends the Business and Professions Code to increase penalties for conspiracy against trade. It imposes fines and imprisonment for violations, with specific provisions for corporations and individuals. Corporations face fines up to six million dollars, while individuals face imprisonment for one to three years and fines up to one million dollars. The bill also allows for joint prosecution by the Attorney General and district attorneys. All fines collected are to be deposited in the Attorney General antitrust account within the State Treasury.

California SB763 amends the Business and Professions Code to enhance penalties for conspiracy against trade.

California SB763 amends the Business and Professions Code to increase penalties for conspiracy against trade. It imposes fines and imprisonment for violations, with specific provisions for corporations and individuals. Corporations face fines up to six million dollars, while individuals face imprisonment for one to three years and fines up to one million dollars. The bill also allows for joint prosecution by the Attorney General and district attorneys. All fines collected are to be deposited in the Attorney General antitrust account within the State Treasury.