FTC Decision May Reassure Info-Exchange Participants
June 10, 2013, 11:59 AM EDT
Law360, New York (June 10, 2013, 11:59 AM EDT) -- A recent decision by an Federal Trade Commission administrative law judge may provide reassurance to companies engaging in information exchanges with competitors, so long as certain accepted safeguards are employed after a consent decree in the same matter shed doubt on the efficacy of those safeguards.
In the winter and spring of 2012, the FTC issued consent decrees with Star Products Ltd. and Sigma Corporation to enjoin the companies from further participation in an information-exchange program with McWane, their competitor in the market for ductile...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.