HB 460 - ANTITRUST CIVIL COURT ACTIONS Number 0375 CHAIR ROKEBERG announced that the last order of business would be HOUSE BILL NO. 460, "An Act relating to actions for monopolies and restraint of trade, including proof of damages; amending Rule 82, Alaska Rules of Civil Procedure; and providing for an effective date." CHAIR ROKEBERG offered that HB 460 "allows us to participate in large ... 'interstate antitrust cases' such as the tobacco settlement, which we are now prohibited from so doing." Number 0330 CLYDE (ED) SNIFFEN, JR., Assistant Attorney General, Fair Business Practices Section, Civil Division (Anchorage), Department of Law (DOL), testified via teleconference and said: This bill will allow the attorney general to bring claims on behalf of consumers who make these indirect purchases. We've been directly involved in several lawsuits where the inability to have this authority has resulted in the loss of significant sums of money. Last year we lost about $700,000 in a case we felt - I'm involved with three other cases right now involving drug manufacturers - that if we had the ability to bring these types of claims, would certainly increase the likelihood that we would recover more money. So it's something that's in line with what other states have been doing, it's not going to increase the cost of doing business from our office, and it's something [that] I think would result in significant resources for consumers. Number 0235 REPRESENTATIVE JAMES moved to report HB 460 out of committee with individual recommendations and the accompanying fiscal notes. There being no objection, HB 460 was reported from the House Judiciary Standing Committee.