HB23-1192 Summary

• Modifies price gouging disaster period definition from 180 days after declaration begins to 180 days after the final disaster declaration expires.

• Creates the Colorado State Antitrust Act of 2023, establishing comprehensive state antitrust enforcement authority covering illegal restraints of trade, monopolization, bid-rigging, and anti-competitive mergers.

• Authorizes Attorney General to bring civil actions for damages (including treble damages for per se violations), criminal prosecutions, and seek civil penalties up to $1 million per violation.

• Allows private parties injured by antitrust violations to sue for actual damages or treble damages if determined to be per se violations, with 4-year statute of limitations for civil actions and 6-year for criminal.

• Exempts labor organizations, agricultural cooperatives, professional review committees, health-care coverage cooperatives, and provider networks from antitrust provisions.