California lawmakers aim to upend decades of legal precedent through a proposed expansion of the state’s antitrust laws, threatening longstanding interpretations of predatory pricing and exclusive dealing, among other issues.
The bill (AB 1776) would expand the state’s antitrust laws to cover conduct by individual companies, a shift from the current focus on two or more companies. It also would relieve plaintiffs of satisfying many of the legal tests that have long been key to advancing such cases.
Any company doing business in the world’s fourth largest economy could see new, unexpected legal liability for common business ...