Antitrust Violations in Los Angeles
Helping Those Accused of Antitrust Violations
The purpose of antitrust laws is to protect fair competition within our economy, which in turn saves consumers money and promotes the production of higher -quality products. They help to keep prices down and quality up, and if one company cannot succeed in these endeavors, then a competitor should be allowed to. Violations of antitrust laws are seen as hurtful to consumers and the public at large, and are a type of white collar crime that can have far-reaching implications. Any investigation or arrest surrounding an antitrust violation merits the immediate attention of a
Los Angeles federal criminal defense attorney.
Three pieces of critical legislation have been passed by the U.S. Congress to help protect consumers from antitrust violations, the first of which carries criminal implications and the last two carrying civil penalties:
- The Sherman Antitrust Act (1890)
- The Clayton Act (1914)
- The Federal Trade Commission Act (1914)
These long-standing federal laws are vigorously enforced by Department of Justice officials, many times working in investigative conjunction with the FBI. Actions such as price fixing and rigged contract bids are violations of the Sherman Act and a conviction can bring fines upwards of $350,000 and three years in prison. Corporate entities, when in violation, can be forced to pay fines up to $10 million. Civil fines and damages can be levied because of violations of the Clayton Act or Federal Trade Commission Act.
Antitrust Violations Defense Lawyer in Los Angeles
Due to the serious repercussions and high-profile stature surrounding an antitrust violations case, it is critical to have a strong legal team on your side. The attorneys at Kaye, McLane & Bednarski, LLP, have both the experience and the resources to defend your rights and interests, and are fully committed to fighting for the best possible outcome in your case.
Contact a Los Angeles federal criminal defense lawyer
if you are facing a federal investigation or arrest.