Understanding Antitrust Policies.(Brief Article)

Q: Is it a good idea to adopt an antitrust compliance policy? If so, what are the major elements of such a policy?

A: Associations have unique exposure to antitrust scrutiny. Therefore, great care must be taken to minimize the risk of not only violating antitrust laws but also being subject to antitrust investigations or litigation. One way to avoid risks is to institute an antitrust compliance program, its primary goal being to establish a formal policy against antitrust violations.

A sample antitrust policy should contain, among other things,

* a statement of the association's intent to strictly comply with all federal, state, and applicable …