Mark Geier Gives Antitrust Training Presentation at AMFA General Meeting
Attorney Mark Geier gave the keynote presentation, Antitrust Training for Manufacturers: Competitor Agreements - What is legal and what is not? at the Arrowhead Manufacturers and Fabricators Association general meeting on May 12, 2021.
President Biden and Senator Klobuchar, Chair of the Senate Judiciary Subcommittee on Antitrust, have both announced plans to toughen antitrust laws and prioritize the enforcement of those laws in both criminal and civil matters. Small and mid-size businesses have often felt immune to antitrust risks. However, they are mistaken. There is one federal act that is specifically directed at monopolies. Meanwhile, there are several other federal antitrust acts, and a patchwork of 50 state antitrust laws, equally important, that define and sanction antitrust violations. Mark's seminar focused on antitrust issues that affect manufacturers of all sizes in their daily operations.
In this seminar, Mark addressed what types of conduct and contract terms are permitted and prohibited under antitrust law, and explained the standards used to determine compliance with the laws. He also addressed recent recommendations from the FTC and the Department of Justice in terms of policies and training, that will reduce a company’s liability and damages if one of its employees is found to have violated the law. Finally, Mark discussed the most frequent sources of complaints and the potential impact of a new “whistleblower” statute that is under consideration.
Watch a recording of Mark's presentation to the Arrowhead Manufacturers and Fabricators Association audience here.