THE MAGAZINE
Legal Report
U.S. Congressional Legislation: Antitrust
A new law (P.L. 111-30) extends penalties for antitrust violations established in 2004 under the Antitrust Criminal Penalty Enhancement and Reform Act. The new law extends the penalties through June 22, 2010.
The enhanced criminal penalties for antitrust violations that were extended by the law include maximum prison sentences for individuals increased from three to 10 years; maximum individual fines increased from $350,000 to $1 million; and corporate fines increased from $10 million to $100 million.
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