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California’s Antitrust Overhaul Sparks Debate | Fort Wayne News
California lawmakers are racing to pass Assembly Bill 1776, the COMPETE Act, a sweeping antitrust overhaul that would let regulators and private lawyers sue companies for anti-competitive behavior—even if they act alone. The bill guts decades of federal precedent, lowers the legal bar for lawsuits, and lets plaintiffs use vague, subjective evidence. Critics warn it could unleash a flood of frivolous lawsuits that stifle innovation and hurt the economy, while supporters say it’s vital to stop corporate monopolies from crushing small businesses and raising prices. Amendments are being debated…
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