Antitrust
Statement
Increasing emphasis is
being put on enforcement of antitrust laws in all areas. Under the
Antitrust Improvements Act, price-fixing violations are a felony,
subject to serious corporate and individual fines as well as
extensive prison sentences.
An action, seemingly innocent when taken by itself, may be viewed by
antitrust enforcers as part of a pattern for antitrust action when
combined with other actions of members of an organization.
Briefly, the following actions
should be scrupulously avoided:
- Discussion of rates, rate-making
practices or policies.
- Distribution or exchange of
tariffs.
- Allocation of customers and
markets.
- Group boycotts and concerted
refusals to deal.
- Restrictive arrangements with
labor union.
The chair of any meeting should see
that such discussions or actions are avoided and members should do
the same in any private discussions with other members.
For the complete IARW-WFLO
Antitrust Compliance Policy, click here. |