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California legislature approves COMPETE Act; bill heads to governor's desk

( August 30, 2026, 18:00 GMT | Official Statement) -- MLex Summary: California lawmakers passed Assembly Bill 1776 (AB 1776), the Competition and Opportunity in Markets for a Prosperous, Equitable and Transparent Economy (COMPETE) Act, authored by Assembly Majority Leader Cecilia Aguiar-Curry. The legislation, which now heads to Governor Gavin Newsom's desk, broadens California's primary antitrust statute to tackle anticompetitive conduct by a single company. "We didn't get everything we wanted, but we made real progress and that's what matters. We're giving California better tools to protect competition and stand up for small businesses," Aguiar-Curry said in a statement.Full statement follows:...

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