The Antitrust Division has been active – like any aggressive prosecution strategy, however, its results have been mixed. Its record in criminal cases has taken serious hits – a stunning set of losses in the chicken price-fixing cases and defeats in criminal labor market cases. DOJ has been quietly and steadily building cases in the generic pharmaceutical industry. DOJ’s most significant criminal case charged both...
The Justice Department’s Antitrust Division’s criminal enforcement program is having a strong year. Since completing its long-term and record-setting prosecution of Japanese auto parts suppliers, the Antitrust Division focused attention on new industries, including generic pharmaceuticals, chicken processors, government contractors, electronic capacitors, and health care. It takes time to bring about results. This year, the Antitrust Division, along with state prosecutors, focused on the Florida...
Webinar: Antitrust Training: Avoiding Criminal Cartel Risks Tuesday, March 28, 2016 12 Noon – 12:30 CST Sign Up Here Free and fair competition in the marketplace benefits consumers. But when organizations collude with their competitors, it inhibits the competitive process — and violates antitrust laws. So, how can you avoid criminal arrangements and interactions with your competitors? Join Michael Volkov, CEO of The Volkov Law...
If you ask any Chief Compliance Officer whether their compliance program includes antitrust laws, they will respond quickly and tell you – “Of course we do.” If you follow up you initial question and ask how do you ensure compliance you will hear a single response – “We conduct training.” When you scratch the surface on antitrust compliance at major companies, you will usually hear...
The Department of Justice’s Antitrust Division is its own world – even in the area of criminal enforcement. Unlike other areas where criminal enforcement against individuals has lagged, the Antitrust Division has a strong record of prosecuting companies and responsible individuals. Approximately 3 individuals are prosecuted for every company that is criminal prosecuted. That is a pretty strong record. The Antitrust Division’s engine is its...
