[Congressional Record Volume 156, Number 82 (Thursday, May 27, 2010)]
[Senate]
[Pages S4559-S4560]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
EXTENSION OF ANTITRUST CRIMINAL PENALTY ENHANCEMENT AND REFORM ACT OF
2004
Mr. DURBIN. I ask unanimous consent that the Senate proceed to the
immediate consideration of H.R. 5330, which was received from the House
and is at the desk.
The PRESIDING OFFICER. The clerk will report the bill by title.
The legislative clerk read as follows:
A bill (H.R. 5330) to amend the Antitrust Criminal Penalty
Enhancement and Reform Act of 2004 to extend the operation of
such Act, and for other purposes.
There being no objection, the Senate proceeded to consider the bill.
Mr. LEAHY. Mr. President, I am pleased that the Senate today will
extend the Antitrust Criminal Penalty Enhancement and Reform Act of
2004, ACPERA, for an additional 10 years. This legislation ensures that
the Justice Department will have the tools it
[[Page S4560]]
needs to effectively prosecute criminal antitrust cartels for years to
come. I thank Senator Kohl for his hard work in securing passage of
this important legislation.
I have long supported vigorous enforcement of the antitrust laws.
ACPERA provides a necessary complement to the Justice Department's
highly successful corporate leniency program by limiting civil damages
recoverable against a party who submits an application for leniency.
Without this legislation, potential leniency applicants could be
deterred from self-reporting antitrust violations that otherwise would
result in significant criminal prosecutions.
I would have preferred that ACPERA be permanently reauthorized. Even
so, a 10-year extension ensures that the Justice Department can still
provide applicants with certainty that the rules of the game will not
suddenly shift underneath them. ACPERA's incentives are critical to the
Justice Department's criminal antitrust enforcement efforts, and I look
forward to continuing to work to provide the Antitrust Division to
ensure it has the resources necessary to protect consumers.
Mr. DURBIN. I ask unanimous consent the bill be read three times and
passed, the motion to reconsider be laid upon the table, with no
intervening action or debate, and any statements relating to the bill
be printed in the Record.
The PRESIDING OFFICER. Without objection, it is so ordered.
The bill (H.R. 5330) was ordered to be read a third time, was read
the third time, and passed.
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