New York A02015 amends the state's anti-trust law to strengthen enforcement against monopolies, monopsonies, and restraints of trade.
New York A02015, the Twenty-First Century Anti-Trust Act, updates the state's anti-trust law to better address the accumulation of power in dominant firms. The bill declares monopolies, monopsonies, and restraints of trade illegal and void. It authorizes the attorney general to declare certain conduct or practices as unfair methods of competition. The act allows for class action lawsuits and provides for treble damages and reasonable attorney fees. It also establishes a process for affected workers to comment on transactions that may affect labor markets.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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