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HB 1192 – Colorado
Status: EnactedYear Introduced: 2023
Link: https://leg.colorado.gov/bills/hb23-1192
The Colorado Antitrust Act of 2023 would quadruple the maximum civil penalty courts can award for violations from $250,000 to $1 million. It also ups the maximum criminal penalty from $1 million to $5 million. The bill gives indirect purchasers standing to bring antitrust suits and empowers judges to issue orders to prevent unjust enrichment through a company’s anticompetitive behavior, giving the courts the authority to strip companies of ill-gotten gains.
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