California Antitrust Laws Set for Overhaul: Major Changes Proposed for Single Firm Conduct and Mergers
Sacramento, Calif. — In a significant move that may shape the competitive landscape of various industries, California is reviewing its antitrust regulations under the Cartwright Act. Triggered by a mandate from the state legislature in 2022, the California Law Revision Commission (CLRC) dedicated itself to a comprehensive study, known as Study B-750, spawning eight focused groups to pin down areas ripe for legislative updates. The task groups each tackled different segments of antitrust law, from mergers and acquisitions to the emergent challenges posed by technological advancements and artificial intelligence. This initiative was designed not only … Read more