What is a treble damages claim in an antitrust case?

Treble damages is a type of claim an antitrust plaintiff can pursue against a defendant in North Carolina. This type of claim allows the plaintiff to recover up to three times the amount of damages he or she incurred. The plaintiff must first prove that the defendant engaged in anti-competitive behavior, which has caused the plaintiff to suffer economic damages. Once that has been established, the plaintiff may pursue treble damages. Treble damages is designed to serve as a deterrent to businesses who engage in anti-competitive behavior. The award is meant to compensate the plaintiff for the damages they suffered due to the defendant’s actions, as well as to send a strong message that anti-competitive behavior will not be tolerated. In order to receive treble damages, a plaintiff must prove that the defendant had a specific intent to harm competition or consumers, and that the defendant’s actions caused the plaintiff to suffer economic damages. This burden of proof can be difficult to meet, making it important for any plaintiff considering seeking such an award to strongly consider consultation with an experienced antitrust attorney.

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