Awaiting Assent Monopolization Fix Act

The people of the Commonwealth of Redmont, through their elected Representatives in the Congress and the force of law ordained to that Congress by the people through the constitution, do hereby enact the following provisions into law:

1 - Short Title and Enactment
(1) This Act may be cited as the Monopolization Fix Act.'
(2) This Act shall be enacted immediately upon its signage.
(3) This Act has been authored by Avaneesh2008 with assistance from Rep. Kaiserin_
(4) This Act has been co-sponsored by Rep. Kaiserin_

2 - Reasons
(1) Monopoly Offense fails to prevent the companies from merging and just slaps a fine on them instead of forcing them to break up

3 - Terms
(1) Section 6 of The Commercial Standards Act shall be amended to:

“(1) Antitrust laws are regulations that encourage competition by limiting the market power of any particular firm. There are several types of anti-trust regulations:

Market Allocation
Any sort of deal wherein two or more businesses agree to allocate 'territory' to one another to prevent regional competition.
Individual Fine: Up to $10,000 + Damages + up to 10 mins Jail

Bid Rigging
Any sort of deal wherein two or more businesses and/or persons agree to not bid against one another to minimize their losses.
Individual Fine: Up to $10,000 + Damages + up to 10 mins Jail

Price Fixing
Any sort of deal wherein two or more businesses agree to keep prices at a certain point to avoid price competition.
Individual Fine: Up to $10,000 + Damages + up to 10 mins Jail

Monopolization
Any sort of deal wherein two or more businesses seek to merge into a single entity or owner-subsidiary relationship that controls a disproportionately large amount of market share in any particular market. A deal wherein bidders, businesses or auctioneers enter into a deal with each other to maximize profits of auctions is hereby illegal
Individual Fine: Up to $10,000 + Damages + up to 10 mins Jail + Divestiture of assets, subsidiaries, or business units to prevent market concentration and promote competition as decided by the courts

Corporate Espionage
Any parties participating in, or accessory to the gathering, infiltration, or compromise of any sensitive company information that has not already been released to the public under the instruction of the company's controlling interest.
Individual Fine: Up to $10,000 + Damages + up to 10 mins Jail

Auction Fixing
Any sort of deal wherein businesses, bidders, and/or auctioneers collaborate to unfairly maximize the profits of auctions at the expense of fair and open competition.
Individual Fine: Up to $10,000 + Damages + up to 10 mins Jail”