SF751 (Legislative Session 94 (2025-2026))
Penalties increase for antitrust violations
AI Generated Summary
The bill SF No 751 aims to increase the penalties for antitrust violations in Minnesota. If someone violates certain sections of antitrust law, the new civil penalties will rise to a maximum of $150,000, up from $50,000. Additionally, if someone doesn't comply with a court's final judgment or decree regarding antitrust law violations, they could face civil penalties up to $300,000, increased from $100,000. For criminal offenses related to willful antitrust violations, the penalties would include a possible felony charge, a fine of up to $150,000 (previously $50,000), and/or imprisonment for up to seven years.
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
January 29, 2025 | House | Floor | Action | Introduction and first reading | |
January 29, 2025 | Senate | Floor | Action | Introduction and first reading | |
January 29, 2025 | House | Floor | Action | Referred to | Judiciary and Public Safety |
January 29, 2025 | Senate | Floor | Action | Referred to | Judiciary and Public Safety |
Citations
[ { "analysis": { "added": [], "removed": [], "summary": "This bill increases penalties for antitrust violations under section 325D.56.", "modified": [ "Increases civil penalty from $50,000 to $150,000 for general violations and from $100,000 to $300,000 for noncompliance with court orders." ] }, "citation": "325D.56", "subdivision": "Subdivision 1" }, { "analysis": { "added": [], "removed": [], "summary": "This provision addresses criminal penalties for willful antitrust violations.", "modified": [ "Increases fine for felony offenses from $50,000 to $150,000." ] }, "citation": "325D.56", "subdivision": "Subdivision 2" } ]