What do you need to know about Antitrust Laws?
Antitrust – Sherman Act, Clayton Act, and FTC Act
While there are antitrust laws all over the world, the foundational antitrust laws in the US are the Sherman Act, the Clayton Act, and the FTC Act. It’s ctitical that you understand the fundamentals of these laws if you’re doing business in the US. Why? Because competition is critically important to us all. Competition keeps prices down and quality up. Without antitrust laws, we wouldn’t have competition, and we would be at the mercy of monopolies who could charge us as much as they want and treat us terribly.
But, that’s not the only reason you need to understand the basics of these laws. Another reason is because the consequences for violating antitrust laws are frightening. Violations include fines that can push you and your business into financial ruin,and there are criminal penalties that can land you in a place you do not want to be…prison!
Fortunately, we have developed a fantastic antitrust corporate training program for you. Since it’s comprised of 16 micro-modules and 12 scenarios, each with durations of 1-6 minutes, our program is highly flexible. If you’re a training administrator, you can design a unique curriculum for each target audience by simply selecting micro-modules and scenarios from our library. And, in addition to pushing training out to your colleagues, you can use our video-based FAQ to serve as a resource page for questions that come up throughout the year.
The flexibility of our modularized program is also advantageous if you’re a trainee. You can either watch the entire program all at once, or you can chip away at it over time; whenever and wherever you want. Regardless of which appproach you select, though, our program is fast, efficient, and compelling. Just what you and your team need to know, nothing more. Contact us today to get a demo copy of our content library, or to explore more about Executive IP’s approach to antitrust training.