What are the consequences of an antitrust violation?

When companies violate antitrust laws, they can face serious consequences. In Texas, there can be both civil and criminal penalties for antitrust violations. When someone is found guilty of civil liability for an antitrust violation in Texas, they can be subject to significant financial penalties. The monetary damages can be up to three times the amount of their illegal gains. Additionally, they can face administrative charges, meaning they could be expelled from a certain industry or have their business license revoked. On the criminal side, a person can face jail time for violating antitrust laws in Texas. The court may also impose fines of up to $100 million for a criminal antitrust offense. Another consequence of an antitrust violation in Texas is having to pay all the attorney’s fees associated with the prosecution or investigation. This can be costly, especially for a big business or corporation. Also, the company’s reputation may suffer if they are found guilty of violating antitrust law. This can lead to a drop in sales and profits, as customers may choose to shop somewhere else because they don’t want to support a business that has violated the law. Ultimately, violating antitrust laws can have serious consequences. Companies should be aware of the potential consequences and take all necessary steps to ensure they are complying with the law.

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What are the consequences of an antitrust violation?

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