New York State Legislature Considers Far-Reaching Antitrust Reforms with “21st Century Antitrust Act”
By EsqSocial Corporation 17/06/21
On June 7, 2021, the New York State Senate passed the 21st Century Antitrust Act. The bill has significant implications for companies doing business in New York State, regardless of their industry. Specifically it would 1) establish the first "abuse of dominance" offense in the United States, prohibiting firms with a "dominant position" from abusing that position through conduct such as tying or refusing to deal with a competitor and 2) require pre-merger notifications (similar to federal HSR...
By: Wilson Sonsini Goodrich & Rosati