1. Short title
This Act may be cited as the “Antitrust Criminal Penalty Enhancement and Reform Permanent Extension Act”.
Antitrust Criminal Penalty Enhancement and Reform Permanent Extension Act
AN ACT
To amend the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 to repeal the sunset provision.
2. Findings; purpose
Findings— Congress finds the following:
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.
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).
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
In general— Section 211 of the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 (15 U.S.C. 1 note) is repealed.
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—
by striking paragraph (6); and
by redesignating paragraph (7) as paragraph (6).