US Antitrust


Overview/Description
Target Audience
Prerequisites
Expected Duration
Lesson Objectives
Course Number
Expertise Level



Overview/Description

US Supreme Court Justice Thurgood Marshall referred to antitrust laws as the "Magna Carta of free enterprise." Without these laws, competition would suffer and the likely results would be fewer choices, higher prices, and poor service. Who wants that? Antitrust laws not only benefit you as a consumer but also your organization, by protecting it against those who conspire to limit competition. Understanding what constitutes a violation of antitrust law can help you avoid breaching the law and saddling your organization, and yourself, with serious fines and penalties. This course describes behaviors that may violate antitrust law and explains how to respond appropriately to potential antitrust violations.

This course was developed with subject matter support provided by The Potomac Law Group, PLLC. Please note, however, that the course materials and content are for informational purposes only and do not constitute legal advice and may or may not reflect the most current legal developments. Nothing herein, or in the course materials, shall be construed as professional advice as to any particular situation or constitute a legal opinion with respect to compliance with statutes, regulations, or other legal authority. Transmission of the information is not intended to create, and receipt does not constitute, an attorney-client relationship. Readers should not act upon this information without seeking independent legal advice.



Target Audience
Employees responsible for setting prices, preparing bids, dealing with customers, and communicating with competitors, whether through trade associations or other ways

Prerequisites
None

Expected Duration (hours)
0.4

Lesson Objectives

US Antitrust

  • US Antitrust
  • recognize concepts related to US antitrust legislation
  • Knowledge Check: Antitrust Legislation
  • identify examples of arrangements that represent horizontal agreements
  • identify examples of arrangements that represent vertical agreements
  • Knowledge Check: Anticompetitive Behavior
  • recognize the consequences of violating antitrust law
  • recognize the appropriate actions to take to avoid violating US Antitrust laws
  • Knowledge Check: Antitrust Violations
  • Course Number:
    lchr_01_c60_lc_enus

    Expertise Level
    Everyone