Share on LinkedInShare on LinkedIn

ARTICLE · 12 MAY 2020

DOJ And FTC Issue Joint Statement Regarding COVID-19 And Antitrust Violations

Sheppard
Sheppard
Contributor
Sheppard

Sheppard

Businesses turn to Sheppard to deliver sophisticated counsel to help clients move ahead. With more...

View firm profile
Explore more from Sheppard

The Department of Justice ("DOJ") and the Federal Trade Commission ("FTC") recently issued a joint statement (the "COVID-19 Statement") regarding what constitutes lawful "procompetitive collaborations."

United StatesCoronavirus (COVID-19)

The Department of Justice ("DOJ") and the Federal Trade Commission ("FTC") recently issued a joint statement (the "COVID-19 Statement") regarding what constitutes lawful "procompetitive collaborations" between companies to address certain needs for consumers and businesses during the coronavirus pandemic. It also detailed what constitutes unlawful anticompetitive behavior related to essential and frontline workers and other vulnerable employees. The DOJ and FTC used this opportunity to send a clear warning to companies who may seek to take advantage of the current pandemic by entering into agreements to restrain competition and employee mobility or lower wages. Separately, for those companies who are actively working to assist essential workers, businesses and the country as a whole, the COVID-19 Statement provides guidance on engaging in lawful "procompetitive collaboration" to benefit essential workers and the economy amidst the coronavirus pandemic.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from