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§ 553.13 — Iowa Law | CourtGPT
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Iowa Legal Code

§ 553.13

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553.13 Civil penalty. In addition to suit under section 553.12, the state may bring suit to assess a civil penalty against an enterprise whose conduct is prohibited under this chapter. The suit may be triedto the jury and the civil penalty provided for in this section shall be imposed by the court.The civil penalty assessed shall not exceed ten percent of the total value of the specificcommodities by their brand, make, and size or of services either of which were the subjectof the prohibited conduct sold in the relevant market in this state by the enterprise in eachyear in which this conduct occurred, but this penalty shall not exceed one hundred fiftythousand dollars. In computing this penalty, only the four most recent years in which theprohibited conduct occurred, as of commencement of suit under this section, shall be usedin the computation. [C77, 79, 81, §553.13]Referred to in §553.16 Sat Dec 23 01:48:57 2023 Iowa Code 2024, Section 553.13 (14, 0)