HLS 16RS-1248 ORIGINAL 2016 Regular Session HOUSE BILL NO. 491 BY REPRESENTATIVE MAGEE COMMERCIAL REGS/ANTITRUST: Provides with respect to damages recoverable for violation of anti-monopoly laws 1 AN ACT 2To amend and reenact R.S. 51:137, relative to monopolies; to provide for damages; and to 3 provide for related matters. 4Be it enacted by the Legislature of Louisiana: 5 Section 1. R.S. 51:137 is hereby amended and reenacted to read as follows: 6 ยง137. Damages recoverable for violation of law 7 Any person who is injured in his business or property by any person by 8 reason of any act or thing forbidden by this Part, regardless of whether the injured 9 person dealt directly or indirectly with the person in violation of this Part, may sue 10 in any court of competent jurisdiction and shall recover threefold the damages 11 sustained by him, the cost of suit, and a reasonable attorney's fee. DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HB 491 Original 2016 Regular Session Magee Abstract: Provides for damages when a person is directly or indirectly injured in his business or property by any person who violates applicable monopoly laws. Present law provides that any person who is injured in his business or property by any person by reason of any act or thing forbidden by present law, relative to monopolies, may sue in any court of competent jurisdiction and shall recover threefold the damages sustained by him, the cost of suit, and a reasonable attorney's fee. Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 16RS-1248 ORIGINAL HB NO. 491 Proposed law retains present law but clarifies that the injured person may sue in any court of competent jurisdiction and shall recover threefold the damages sustained by him, the cost of suit, and a reasonable attorney's fee, regardless of whether the injured person dealt directly or indirectly with the person in violation of present law. (Amends R.S. 51:137) Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.