ICLE Comments on Proposed California Antitrust Reforms Cited in JD Supra
An article in JD Supra discusses a proposal from the California Law Revision Commission (CLRC) to amend the state’s Cartwright Act, highlighting comments from ICLE about the proposed departure from federal antitrust standards.
ICLE warned that such a move could lead to over-enforcement and chill legitimate business practices.
The proposal has drawn criticism from businesses, some academics, and law firms representing corporations.
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The International Center for Law & Economics is a research and policy organization funded by academic and industry stakeholders. The Center warned that untethering California law from federal standards could lead to over-enforcement and chilling effects on legitimate business practices.
Law firms and trade associations also raised concerns about divergence from federal law, dual compliance burdens, and adoption of EU-style standards that may be unpredictable in U.S. courts.
Read the full article here.