In an unprecedented move, the Justice Department on Thursday released antitrust amnesty agreements that it has signed with some 100 corporations since August 1993. The release was part of a settlement of a FOIA suit against the government, which also agreed to pay $40,000 in attorney fees to White & Case. Some juicy details have been edited out, but the release could still help other corporations that want to negotiate an amnesty agreement with the DOJ to avoid prosecution for violating federal antitrust law.
Posts on ‘February 9th, 2009’
Deferred and Nonprosecution Deals Fall by 60 Percent
The number of deferred and nonprosecution agreements between the U.S.
Department of Justice and corporations declined by 60 percent in 2008 –
from a historic high of 40 in 2007 to 16 last year, according to a
forthcoming study. Despite the lower numbers, violations of the Foreign
Corrupt Practices Act continued to dominate the subject of those
corporate pretrial agreements, with seven of the 16 agreements last year
resolving FCPA violations.