DOJ Official Warns Of Anti-Competitive 'Information Exchange'
Law360 (September 14, 2020, 10:14 PM EDT) -- The U.S. Department of Justice's director of criminal enforcement on Monday warned of a dangerous game companies play when engaging in "information exchange" with competitors, a seemingly harmless endeavor that can lead to antitrust violations and give the department its most valuable firepower in tracking down offenders.
During a web conference put on by the Compliance & Ethics Institute, Marvin Price said these exchanges among competitors — sometimes seemingly innocuous and other times held in the "infamous smoke-filled hotel room" after trade shows — often lead to the most egregious price-fixing and bid-rigging violations.
"Some of our most powerful evidence of...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!