Laws: Cases and Codes : U.S. Code : Title 15 : Section 15a


   


U.S. Code as of: 01/19/04
Section 15a. Suits by United States; amount of recovery; prejudgment interest

      Whenever the United States is hereafter injured in its business
    or property by reason of anything forbidden in the antitrust laws
    it may sue therefor in the United States district court for the
    district in which the defendant resides or is found or has an
    agent, without respect to the amount in controversy, and shall
    recover threefold the damages by it sustained and the cost of suit.
    The court may award under this section, pursuant to a motion by the
    United States promptly made, simple interest on actual damages for
    the period beginning on the date of service of the pleading of the
    United States setting forth a claim under the antitrust laws and
    ending on the date of judgment, or for any shorter period therein,
    if the court finds that the award of such interest for such period
    is just in the circumstances. In determining whether an award of
    interest under this section for any period is just in the
    circumstances, the court shall consider only - 
        (1) whether the United States or the opposing party, or either
      party's representative, made motions or asserted claims or
      defenses so lacking in merit as to show that such party or
      representative acted intentionally for delay or otherwise acted
      in bad faith;
        (2) whether, in the course of the action involved, the United
      States or the opposing party, or either party's representative,
      violated any applicable rule, statute, or court order providing
      for sanctions for dilatory behavior or otherwise providing for
      expeditious proceedings;
        (3) whether the United States or the opposing party, or either
      party's representative, engaged in conduct primarily for the
      purpose of delaying the litigation or increasing the cost
      thereof; and
        (4) whether the award of such interest is necessary to
      compensate the United States adequately for the injury sustained
      by the United States.



Previous [Notes] Next

Related Resources

Commercial Law Guide

Antitrust and Trade Regulation Guide

FindLaw Business News

Commercial Law Discussion


Ads by FindLaw