March 11, 2004

Honorable Orrin G. Hatch
Chairman, Committee on the Judiciary
United States Senate
224 Dirksen Senate Office Building
Washington, D.C. 20510

Honorable F. James Sensenbrenner, Jr.
Chairman,    Committee on the Judiciary
United States House of Representatives
2138 Rayburn House Office Building
Washington,  D.C. 20515

Re:   Proposed Amendments to Sherman and Clayton Acts, H.R. 1086

Dear Chairman Hatch and Chairman Sensenbrenner, Jr.:

The Antitrust Law Section of the New York State Bar Association submits the attached comments for your consideration regarding H.R. 1086.   In these comments, the Antitrust Law Section supports the proposed increases in criminal penalties for individuals and the limitations on civil damages for cooperating corporate leniency applicants; urges that hearings be held on the proposed increase in corporate fines; and opposes the proposed amendments to the Tunney Act.

If you or the Committee have questions regarding the attached comments, please feel free to contact Ilene Knable Gotts, Esq., the Section's Secretary, at 212-403-1247.   We are pleased to answer any questions or to provide additional information as requested.

Sincerely yours,

Barbara Anthony
Section Chair