Ted Banks is a Partner in the Law Firm of Scharf Banks Marmor LLC in Chicago, where his practice focuses on corporate compliance, antitrust/competition law, and food industry matters. He is also President of Compliance & Competition Consultants, LLC, and is an Adjunct Professor of Corporate Compliance at the Loyola University School of Law in Chicago. Formerly, Ted served as Chief Counsel & Senior Director, Global Compliance Policy at Kraft Foods.
Your company’s code of conduct has an antitrust section. It seems to be a universal section. But this universality often results in complacency. Do you know how serious antitrust risk is to your company?
An in-depth look at antitrust activity and litigation over the past several years, with keen insight into what’s to come. Effective compliance programs are vital, without a doubt. But if your organization is faced with an antitrust violation, don’t expect leniency from the Federal Trade Commission and Department of Justice on those grounds.