What are the different approaches to antitrust enforcement?
Antitrust enforcement involves preventing and punishing anticompetitive behavior in business markets. In Nebraska, the state and federal governments both have authority to prevent and punish violations of antitrust laws. The two primary approaches to antitrust enforcement are criminal and civil. Criminal antitrust enforcement involves prosecuting businesses and individuals for violations of antitrust laws. These criminal prosecutions can result in fines and/or imprisonment for those found guilty. In Nebraska, criminal antitrust violations are investigated and prosecuted by the state attorney general, as well as the United States Department of Justice. Civil antitrust enforcement involves businesses and individuals filing lawsuits against those they believe to be engaging in anticompetitive behavior. These civil suits can result in financial compensation for those that have been harmed by anticompetitive behavior. In Nebraska, civil antitrust enforcement is typically handled in state or federal court. The two primary approaches to antitrust enforcement – criminal and civil – can both be used to prevent and punish anticompetitive behavior. Both approaches are important in Nebraska, as they provide businesses and individuals with the power to seek redress when their rights under antitrust laws have been violated.
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