If a firm receives treble damages, they are being paid a monetary reward for reporting cartel activity.

Name: If a firm receives treble damages, they are being paid a monetary reward for reporting cartel activity.
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Question

Quizplus · Accepted Answer

Treble damages are a type of monetary award that is paid to a plaintiff who has been injured by a defendant's antitrust violation. The purpose of treble damages is to deter cartel activity and to compensate the plaintiff for the full extent of their injuries.

If a Firm Receives Treble Damages, They Are Being Paid