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California Governor Signs Antitrust Bill | Los Angeles News
California has enacted Assembly Bill 1776, known as the Compete Act, allowing state attorneys to sue businesses for unfair competition. This legislation, supported by unions and consumer rights groups, faced opposition from the Chamber of Commerce, leading to changes that have left some advocates dissatisfied. The governor expresses caution, emphasizing the need to avoid mislabeling legitimate competition as anticompetitive. Additionally, the lack of a “private right of action” has raised www.TheDailyNewsNow.com This is an automated, high-level news summary based on public reporting and…
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