NY A10870

Establishes the "Twenty-First Century Anti-Trust Act" to update New York's anti-monopoly laws and address concerns about large corporations accumulating power.

Makes it unlawful for any person or entity to monopolize, attempt to monopolize, or abuse a dominant market position in any business, trade, commerce, or service in New York State.

Allows damages from anti-trust violations to be recovered through class action lawsuits pursuant to civil practice law.

Increases criminal penalties from a Class E felony to a Class C felony, with maximum fines of $1 million for individuals and $100 million for corporations, and imprisonment up to 15 years (previously 4 years).

Extends the statute of limitations for criminal prosecution from 3 years to 5 years after the violation's commission.