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Attorney General’s Proposed Anti-Trust Regulations Will Expand Liability and Promote Lawsuits!
Every business in Pennsylvania should be paying close attention to the recent regulations put forth by the Pennsylvania Attorney General. These regulations attempt to create state anti-trust enforcement through regulation. The problem is that Pennsylvania law does not contain an anti-trust statute and therefore the Attorney General is not empowered to enact such broad, sweeping regulations!
Published August 11, 2018, the proposed rulemaking ventures well beyond the scope of authority provided by Pennsylvania’s Unfair Trade Practices/Consumer Protection Act. The terms and language in the proposed regulations are themselves so vague and open ended that the Attorney General would have virtually unlimited power and authority over commercial transactions should these regulations be adopted. Perhaps even more concerning is that under the “private action” provisions of the statute, individuals would be able to bring civil lawsuits under the new anti-trust regulations, making this a bonanza for plaintiffs’ attorneys seeking to sue Pennsylvania businesses! [Read more…] about PCCJR Update — September 13, 2018