Justice Department Tightens Rules for Self-Reporting Misconduct

The Justice Division stated Monday it’s tightening guidelines for self-reporting misconduct like value fixing.

Corporations should report any potential violations of felony antitrust legal guidelines “promptly,” or they’ll nonetheless be topic to prosecution, the Justice Division introduced Monday within the first replace to leniency rules in additional than 5 years.

“Company boards and executives, and the counsel advising them, ought to perceive that sitting on their arms after detecting an antitrust crime may have actual ramifications — dropping out on leniency means extreme penalties,” stated Assistant Legal professional Common Jonathan Kanter, who leads the antitrust division, in a press release.

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