What enforcement mechanism does RICO provide against business law violations?

RICO, the Racketeer Influenced and Corrupt Organizations Act, is designed to combat organized crime and is particularly effective in addressing business law violations related to racketeering. One of the key features of RICO is that it provides both civil and criminal enforcement mechanisms.

The criminal penalties under RICO can include substantial fines and imprisonment for individuals or organizations found guilty of engaging in racketeering activity. This is particularly significant because it allows for a strong governmental response to serious violations that can impact businesses and society at large.

On the civil side, RICO permits private individuals or entities to sue for damages if they have been harmed by the racketeering activities. Successful plaintiffs may recover treble damages—meaning three times the amount of damages incurred—as well as attorney's fees. This dual approach enhances the effectiveness of RICO in deterring and addressing racketeering by giving both government authorities and private individuals the tools to seek justice.

This comprehensive enforcement mechanism is essential in creating a robust legal framework that addresses complex business crimes, making the provision for both civil and criminal penalties a distinctive and powerful aspect of RICO.