If a firm engaged in a price- fixing agreement first reports the activity to the Department of Justice, the company still faces substantial fees because price- fixing is illegal per se.

Question

Quizplus · Accepted Answer

Under the Antitrust Division's Leniency Program, a company that first reports its involvement in a price-fixing agreement and cooperates with the Department of Justice (DOJ) investigation may receive immunity from criminal charges and fines, significantly reducing or eliminating its financial penalties.

If a Firm Engaged in a Price- Fixing Agreement First