In Short
The Development: The Department of
Justice Antitrust Division ("DOJ") recently updated its
Leniency Program and issued a revised set of frequently asked
questions ("FAQs") about the program. The changes
increase the requirements for individuals and companies seeking
leniency from prosecution for their involvement in an antitrust
conspiracy by requiring applicants to "promptly"
self-report violations and remediate any resulting harm.
The Background: Under DOJ's Leniency
Program, corporations and individuals can avoid criminal
prosecution, fines, and prison by being first to confess
participation in a criminal antitrust conspiracy, fully cooperating
with DOJ, and meeting other specified conditions.