U.S. Antitrust

Summary

"Antitrust" (in the U.S.) and "competition" (in the E.U.) laws are intended to promote competition in the marketplace for the benefit of consumers. These laws target the following anti-competitive practices:

  • Agreements between competitors (a) to set prices or terms; (b) to allocate markets, customers or territories; or (c) to not do business with ("boycott") certain suppliers or customers;
  • Agreements between manufacturers and distributors that the distributors may sell only in certain territories or to certain types of customers;
  • Agreements between suppliers and customers to (a) set resale prices; (b) require a customer to buy all of its requirements from one supplier; (c) "tie" a customer's purchase of a desirable product/service to the purchase of a less desirable product/service; and
  • Certain predatory practices by companies with monopoly power in their markets.

The criminal and civil penalties for antitrust-related violations are severe, and ignorance of the law is no excuse.

© WeComply/Thomson Reuters

Key Resources

For your convenience, ACC has compiled the following key resources to assist you in your compliance efforts.

For more try searching ACC's online library for "antitrust compliance"

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