Maine Antitrust Disclosure Compliance Memorandum

State:
Multi-State
Control #:
US-TC0308
Format:
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PDF; 
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Description

This memornadum addresses two antitrust concerns that should be noted by emerging companies: Avoiding the creation of documents that might invite antitrust problems, and avoiding premerger coordination of commercial activities and uncontrolled exchange of compettitively sensitive information.

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FAQ

Modeled on federal statutory provisions, Maine antitrust laws prohibit: Contracts, combinations or conspiracies in restraint of trade; Monopolization offenses; Mergers and acquisitions which tend to substantially reduce competition; and.

Antitrust compliance programs promote vigorous competition in a free market economy. by creating a culture of good corporate citizenship within a company that seeks to prevent. antitrust violations.

The Federal Government. Both the FTC and the U.S. Department of Justice (DOJ) Antitrust Division enforce the federal antitrust laws.

To establish a violation of Section 1, a plaintiff must prove three elements: (1) the existence of concerted action among at least two distinct actors, (2) that unreasonably restrains trade, and (3) that affects interstate or foreign commerce of the United States.

You may submit your concern by e-mail, regular mail, or phone. By email to antitrust.complaints@usdoj.gov. By phone at 1-888-647-3258 (toll free in the U.S. and Canada) or 202-307-2040.

If you do not think your concerns involve the antitrust laws, you may want to visit the Department of Justice site for more information or send a message to the Department of Justice. To report general antitrust violations, such as price fixing, bid rigging, and market allocation, contact the Complaint Center.

Under the Sherman Act, agreements among competitors to fix prices or wages, rig bids, or allocate customers, workers, or markets, are criminal violations. Other agreements such as exclusive contracts that reduce competition may also violate the Sherman Antitrust Act and are subject to civil enforcement.

Fixing prices or commissions. If two or more brokerages agree to set pricing or commission rates, they are in violation of antitrust laws and penalties can be severe. Controlling the length of listings. Any agreement to limit the minimum or maximum listing time frame for a property may be a violation.

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Maine Antitrust Disclosure Compliance Memorandum