The Department of Justice’s Antitrust Division and the Federal Trade Commission (FTC) on Tuesday issued a joint statement detailing antitrust guidance for businesses taking part in relief efforts and those involved in rebuilding communities affected by Hurricane Ida without violating the antitrust laws.
“The Antitrust Division and its law enforcement partners will not tolerate businesses and individuals who prey upon hurricane victims or seek to corrupt relief efforts,” said Acting Assistant Attorney General Richard A. Powers of the Antitrust Division. “In the aftermath of Hurricane Ida, the division’s Procurement Collusion Strike Force will leverage every tool in its arsenal to root out collusion, corruption and fraud targeting disaster relief.”
“When a disaster like Hurricane Ida strikes, it’s unconscionable for any company to exploit the tragedy for their own financial gain,” said Acting Director Holly Vedova of the FTC’s Bureau of Competition. “We’re committed to working with our partners to crack down on abusive and illegal practices and protecting the people affected by the disaster so they can focus on recovering.”
The antitrust laws accommodate procompetitive collaborations among competitors. At the same time, the agencies intend to hold accountable those who enter into anticompetitive agreements that take advantage of hurricane victims or hurricane relief efforts. Among other actions, the Department of Justice will criminally prosecute companies that fix prices, rig bids, or allocate customers, and the FTC will investigate and take action against companies and individuals who violate the consumer protection laws.
Anyone with information on price fixing, bid-rigging, market allocation agreements or other anticompetitive conduct should call the Antitrust Division’s Citizen Complaint Center at 888-647-3258, or visit www.justice.gov/atr/report-violations.
Consumers or businesses with concerns about fraudulent activity can also call the Disaster Fraud Hotline at 1-866-720-5721 or visit www.justice.gov/disaster-fraud/how-report-disaster-related-fraud.
- Posted September 15, 2021
- Tweet This | Share on Facebook
Justice Department, FTC issue joint statement to preserve competition in post-hurricane relief efforts
headlines Oakland County
- Attorneys sharpen courtroom skills at inaugural program
- Michigan tax preparers indicted for conspiring to defraud the United States and preparing false tax returns
- Woman pleads no contest on multiple cases, including embezzlement of $90K from her father
- As the country turns 250, retired judges hit the road to defend judicial independence
- Private mobile home water services provider, president sentenced for falsifying water safety, discharge tests
headlines National
- ABA connects death row inmate to pro bono attorneys who help free him
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- 2 judges suspended in separate cases after being indicted on criminal charges
- Convicted ex-judge gets $5K fine but no prison time in immigration case
- Ohio governor signs bill prohibiting foreign litigation funding
- Many small firms collect payments faster than BigLaw counterparts, new data shows




