Antitrust statutes that prohibit anticompetitive behavior give consumers the right to collect treble punitive damages for a violation.

Question

Quizplus · Accepted Answer

This statement is true. Antitrust statutes such as the Sherman Act and the Clayton Act allow consumers to collect treble (triple) damages if they can prove that they were harmed by anticompetitive behavior, such as price-fixing or monopolistic practices. The purpose of treble damages is to deter antitrust violations and to give consumers a strong incentive to seek legal redress for violations.

Antitrust Statutes That Prohibit Anticompetitive Behavior Give Consumers the Right