Report Title:

Antitrust

Description:

Restores the word "threefold" inadvertently omitted from the law allowing an attorney general class action for damages on behalf of indirect purchasers; removes the term "compensatory". (HB1117 HD1)

HOUSE OF REPRESENTATIVES

H.B. NO.

1117

TWENTY-SECOND LEGISLATURE, 2003

H.D. 1

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

RELATING TO ANTITRUST.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Section 480-14, Hawaii Revised Statutes, is amended by amending subsection (c) to read as follows:

"(c) The attorney general of the State shall be authorized to bring a class action for indirect purchasers asserting claims under this chapter. The attorney general or the director of the office of consumer protection may bring a class action on behalf of consumers based on unfair or deceptive acts or practices declared unlawful by section 480-2. Actions brought under this subsection shall be brought as parens patriae on behalf of natural persons residing in the State, to secure [compensatory] threefold damages for injuries sustained by such natural persons to their property by reason of any violation of this chapter."

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.