Loading chat...
OK SB1303
Bill
AI Summary
-
Amends 79 O.S. 2011, Section 205 of the Oklahoma Antitrust Reform Act to expand standing for private civil actions and Attorney General parens patriae actions to include persons injured "either directly or indirectly" in their business or property.
-
Injured persons and the state remain eligible to recover treble damages, actual damages, and costs including reasonable attorney fees for violations of the Oklahoma Antitrust Reform Act.
-
Court must exclude from monetary damages any amounts that duplicate prior awards for the same injury or are allocable to natural persons who excluded their claims and other persons in parens patriae actions.
-
Attorney General may bring civil actions on behalf of the state, political subdivisions, or natural persons residing in the state for injunctive relief and monetary damages for antitrust violations.
-
Any civil action under this section must be commenced within four years after the claim accrued or was discovered, whichever is later; effective date is November 1, 2012.
Legislative Description
Oklahoma Antitrust Reform Act; modifying manner of certain injury. Effective date.
Civil and Criminal Procedure and Courts
Last Action
Second Reading referred to Business and Commerce
2/7/2012