Collusive bidding refers to an agreement among two or more competitors to change the bids they otherwise would have offered absent the agreement. Where collusive bidding is well established, prices can rise substantially, in some cases by as much as several hundred percent.
Conscious parallelism refers to businesses changing their prices to reflect the prices of competitors within a market without colluding or communicating with competitors.
A deferred prosecution agreement (DPA) is an agreement between the government and a defendant in which the government pauses prosecution against the defendant while the defendant is fulfilling specified requirements.
Divestiture is the partial or full disposal of an asset by a company or government entity through sale, exchange, closure, or bankruptcy. Divestiture can either be voluntary or court ordered.
In business law, divestment is when a business sells off its subsidiaries, investments, or other assets for a financial, ethical, or political objective. To do so, the business must partially or fully remove the asset from its financial records (books).
Exclusive dealing arrangements are contracts in which a seller agrees to sell all or a substantial portion of their products or services to a particular buyer, or when a buyer similarly agrees to purchase all or a portion of their requirements of a product or service from a particular seller. Because exclusive dealing arrangements restrict trade, they are subject to antitrust liability under the
Exclusive license allows a licensor to share intellectual property with a licensee for a specific period of time that usually binds the licensor to not share the property with anyone else.
The Federal Trade Commission (FTC) is an independent federal administrative agency, created by Congress in 1914 with the FTC Act.
The Federal Trade Commission (FTC) is an independent federal agency created in 1914 by the FTC Act. It is composed of five Commissioners appointed by the President and confirmed by the Senate. Each Commissioner serves a seven-year term. The Commission may not have more than three Commissioners belonging to the same political party.
