Just in time for the holidays, the U.S. Department of Justice has released a new model leniency letter for companies that want to avoid being criminally prosecuted for antitrust violations. But the companies may not be so thankful. In the letter, the government tightens up its amnesty program for corporations and individuals.
Along with the model letter, the department’s antitrust division issued a new 28-page “Frequently Asked Questions” document clarifying its policies. Both were signed by Scott Hammond, deputy assistant attorney general for antitrust. Hammond had promised a policy update — the first in ten years — after Justice lost its case against Stolt Transportation Group Ltd. late last year.
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