DE SB296 | 2023-2024 | 152nd General Assembly
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Engrossed on May 22 2024 - 50% progression
Action: 2024-05-23 - Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
Pending: House Economic Development/Banking/Insurance & Commerce Committee
Text: Latest bill text (Draft #1) [HTML]
Status: Engrossed on May 22 2024 - 50% progression
Action: 2024-05-23 - Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
Pending: House Economic Development/Banking/Insurance & Commerce Committee
Text: Latest bill text (Draft #1) [HTML]
Summary
This Act amends the Delaware Antitrust Act (DAA) (Chapter 21, Title 6 of the Code) to provide indirect purchasers who have been harmed by violations of the Delaware Antitrust Act the ability to sue for damages. Indirect purchasers of a product or service in the chain of distribution are often the ones who bear the burden of any overcharges from antitrust violations such as price-fixing. Direct purchasers and others in the chain of distribution of the affected product or service often have the ability to pass the overcharge through the chain of distribution to end users. This will align Delaware with at least 36 other states which currently allow for a cause of action for damages for indirect purchasers. Often, end users who make purchases in Delaware, primarily Delaware residents and businesses, are excluded from making claims against multimillion dollar settlement funds set up to compensate indirect purchasers for transactions made in other states that do authorize lawsuits for damages for indirect purchasers.
Title
An Act To Amend Title 6 Of The Delaware Code Relating To Antitrust.
Sponsors
Sen. Kyle Gay [D] | Rep. William Bush [D] | Sen. Jack Walsh [D] | Rep. Paul Baumbach [D] |
Rep. Edward Osienski [D] |
Roll Calls
2024-05-22 - Senate - Senate Third Reading (Y: 19 N: 0 NV: 0 Abs: 2) [PASS]
History
Date | Chamber | Action |
---|---|---|
2024-05-23 | Assigned to Economic Development/Banking/Insurance & Commerce Committee in House | |
2024-05-22 | Passed By Senate. Votes: 19 YES 2 ABSENT | |
2024-05-15 | Reported Out of Committee (Judiciary) in Senate with 6 On Its Merits | |
2024-05-09 | Introduced and Assigned to Judiciary Committee in Senate |