The bill would make criminal offenses by individuals punishable by up to 15 years in prison. Thats up from four years under the existing law. Its also more time than the current federal maximum sentence of 10 years. Corporations could be fined up to $100 million, up from the current maximum New York state penalty of $1 million. The proposed changes would also allow class action lawsuits, which could lead to an increase in private antitrust litigation.

This proposed legislation comes just after federal lawmakers grilled Apple, Facebook, Amazon and Google over their business practices as part of a federal antitrust investigation. Apple and Google are under investigation in the EU, and New York and California are reportedly helping the Federal Trade Commission investigate Amazon. Apple and Amazon are under investigation in Italy, as well.

While there seems to be growing concern about the concentrated power Big Tech companies have, dont expect New Yorks bill to bring about immediate change. Most likely, the Twenty-First Century Anti-Trust Act will be discussed when New Yorks senate returns in August. Even if it is passed eventually, a vote probably wont happen until next year.

Excerpt from:

New York State targets big tech with tougher antitrust bill - Engadget