Federal government urges contractors to promptly report antitrust crimes


By Daniel Wilson (Oct. 13, 2021, 7:21 p.m. EDT) – Senior officials at the U.S. Department of Justice on Wednesday urged federal contractors to promptly report any potential antitrust violations themselves or risk a co-conspirator beats them for the chance to get leniency from the department.

During a panel discussion at the American Bar Association’s Virtual Public Procurement Symposium, Eyitayo St. Matthew-Daniel, deputy head of the New York office of the Department of Justice’s antitrust division, said the fallout potential for an antitrust prosecution are significant, including fines that eclipse any monetary gain from the crime, plus civil penalties and damages, jail time, and additional fines for individual defendants. Companies are also at risk of being suspended or …

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