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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

Actions

DateChamberWhereTypeNameCommittee Name
January 29, 2025SenateFloorActionIntroduction and first reading
January 29, 2025SenateFloorActionReferred toJudiciary and Public Safety

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill increases penalties for antitrust violations under section 325D.56.",
      "modified": [
        "Increases civil penalties for violations from a maximum of $50,000 to $150,000.",
        "Increases penalties for failure to comply with a court judgment from a maximum of $100,000 to $300,000.",
        "Increases criminal fines for willful acts from a maximum of $50,000 to $150,000."
      ]
    },
    "citation": "325D.56"
  }
]

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