116 HR 7036 IH: Antitrust Criminal Penalty Enhancement and Reform Permanent Extension Act U.S. House of Representatives 2020-05-27 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I116th CONGRESS2d SessionH. R. 7036IN THE HOUSE OF REPRESENTATIVESMay 27, 2020Mr. Neguse (for himself, Mr. Nadler, Mr. Cicilline, Mr. Jordan, and Mr. Sensenbrenner) introduced the following bill; which was referred to the Committee on the JudiciaryA BILLTo amend the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 to repeal the sunset provision.

1.

Short title

This Act may be cited as the Antitrust Criminal Penalty Enhancement and Reform Permanent Extension Act.

2.

Findings; purpose

(a)

Findings

Congress finds the following:(1)Conspiracies among competitors to fix prices, rig bids, and allocate markets are categorically and irredeemably anticompetitive and contravene the competition policy of the United States.(2)Cooperation incentives are important to the efforts of the Antitrust Division of the Department of Justice to prosecute and deter the offenses described in paragraph (1).(b)

Purpose

The purpose of this Act, and the amendments made by this Act, is to strengthen public and private antitrust enforcement by providing incentives for antitrust violators to cooperate fully with government prosecutors and private litigants through the repeal of the sunset provision of the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 (15 U.S.C. 1 note).

3.

Repeal of sunset provision

(a)

In general

Section 211 of the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 (15 U.S.C. 1 note) is repealed.(b)

Technical and conforming amendments

Section 212 of the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 (15 U.S.C. 1 note) is amended—(1)by striking paragraph (6); and(2)by redesignating paragraph (7) as paragraph (6).