The US Congress approves the renewal and permanent extension of the Antitrust Criminal Penalty Enhancement and Reform Act

On June 25, 2020, Congress approved the renewal and permanent extension of the Antitrust Criminal Penalty Enhancement and Reform Act (ACPERA or “the Act”), which limits the civil damages exposure of companies that cooperate with the Department of Justice (DOJ) in selfreporting their own anticompetitive conduct. In a press release issued the day after the legislation passed, Makan Delrahim, Assistant Attorney General of the DOJ’s Antitrust Division, praised both Houses of Congress “for their bipartisan action and recognition of ACPERA’s importance in the fight to safeguard our free markets and protect American consumers from collusion.” DOJ Office of Public Affairs, Department of Justice Applauds Congressional Passage of Reauthorization of the Antitrust Criminal Penalty Enhancement and

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Authors

  • Skadden, Arps, Slate, Meagher & Flom (New York)
  • Skadden, Arps, Slate, Meagher & Flom (New York)

Quotation

Kenneth B. Schwartz, Karen M. Lent, The US Congress approves the renewal and permanent extension of the Antitrust Criminal Penalty Enhancement and Reform Act, 26 June 2020, e-Competitions Exchange of information in associations of undertakings, Art. N° 96401

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