( September 30, 2026, 19:27 GMT | Official Statement) -- MLex Summary: California Attorney General Rob Bonta celebrated Governor Gavin Newsom's signing of the Competition and Opportunity in Markets for a Prosperous, Equitable and Transparent Economy, or COMPETE, Act, which allows monopolization and monopsonization claims to be brought in state court under decades of related Cartwright Act case law, rather than relying on federal Sherman Act precedent. "My office is grateful to Assembly Majority Leader Cecilia Aguiar-Curry for introducing the COMPETE Act and to Governor Newsom for signing it. Vigorous antitrust enforcement is vital to safeguard California's competitive economy and the economic well-being of all Californians," Bonta said in a statement.Full statement follows:...
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