New York Twenty-First Century Anti-Trust Act updates state anti-trust laws to address monopoly, monopsony, and restraint of trade practices.
The New York Twenty-First Century Anti-Trust Act amends the state's anti-trust laws to strengthen enforcement against monopoly, monopsony, and restraint of trade practices. It declares such practices illegal and void, and allows for class action lawsuits. The act also empowers the attorney general to bring actions on behalf of the state and residents, recover damages, and issue rules to clarify enforcement. It defines direct and indirect evidence of dominant positions and outlines penalties for violations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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