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.
Utah Antitrust Disclosure Compliance Memorandum
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State:
Multi-State
Control #:
US-TC0308
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Word;
PDF;
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How to fill out Antitrust Disclosure Compliance Memorandum?
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FAQ
Illegal price fixing occurs whenever two or more competitors agree to take actions to raise, lower, maintain, or stabilize the price of any product or service.
It is illegal for business competitors to have any agreement to raise, stabilize or otherwise affect prices. The agreement need not be in writing or otherwise formalized. Even an informal understanding between competitors concerning prices is illegal.
Following an investigation, the Commission may initiate an enforcement action using either an administrative or judicial process if it has ?reason to believe? that the law is being or has been violated. The Commission enforces both consumer protection and antitrust laws.
There are two crimes under the Competition Act: Bid-rigging. Conspiracies, including price fixing, market allocation, and supply restriction.
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.
It is illegal for business competitors to have any agreement to raise, stabilize or otherwise affect prices.
State antitrust laws prohibit companies gaining an unfair competitive advantage in the consumer market via collusion between companies. These laws will also try to avoid monopolies by blocking certain mergers and acquisitions as well.
An agreement includes any arrangement, understanding or concerted action entered into between parties. It may or may not be in writing. Anti-competitive agreements under competition law are broadly classified into two categories, the Anti-competitive Horizontal Agreement and Anti-competitive Vertical/Agreement.