Antitrust compliance programs that are tailored to a company’s culture, line of business, and competitive conditions have long been worth their weight in gold. But as 2022 draws to a close, a looming economic slowdown and an...more
11/16/2022
/ Antitrust Violations ,
Appeals ,
Class Action ,
Collusion ,
Compliance ,
Department of Justice (DOJ) ,
Enforcement ,
Federal Trade Commission (FTC) ,
Price-Fixing ,
Settlement ,
Sherman Act ,
The Clayton Act ,
Wage-Fixing
The U.S. Department of Justice, Antitrust Division (Antitrust Division) announced several significant updates to its Leniency Policy on April 4, 2022. Under that policy, the first company or individual to report a criminal...more
The U.S. Department of Justice (DOJ) announced on June 7, 2021, that a North Carolina engineering firm agreed to pay a $7 million fine and $1.5 million in restitution after pleading guilty to engaging in bid rigging and fraud...more
6/14/2021
/ Anti-Competitive ,
Best Practices ,
Bid Rigging ,
Biden Administration ,
Bids ,
Compliance ,
Corporate Counsel ,
Critical Infrastructure Sectors ,
Department of Justice (DOJ) ,
FBI ,
Federal Contractors ,
Fraudulent Procurement ,
Procurement Collusion Strike Force ,
Procurement Guidelines
When the DOJ is deciding whether to charge a company with a criminal antitrust violation, or agreeing to a deferred prosecution agreement (DPA), the effectiveness of a company’s antitrust compliance program is only one...more
3/5/2020
/ Antitrust Division ,
Antitrust Investigations ,
Antitrust Violations ,
Code of Conduct ,
Competition ,
Compliance ,
Criminal Antitrust Litigation ,
Deferred Prosecution Agreements ,
Department of Justice (DOJ) ,
Leniency Guidelines ,
Sandoz
The U.S. Department of Justice (DOJ) announced a new policy on July 11, 2019, designed to incentivize the development and implementation of corporate antitrust compliance programs.
In remarks made at the New York...more