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Criminal Defense Counsel in Brooklyn Antitrust Cases
Why You Need a Brooklyn Antitrust Defense Attorney
You may wonder why you would need to hire a private Brooklyn antitrust attorney to defend you when you have been accused of violating state or federal antitrust laws. These cases typically apply to large companies, many of which have well-funded in-house legal teams to defend their interests. However, it’s vital to understand the value of working with a team of skilled private Brooklyn antitrust violations attorneys if you want to have the best possible defense for your company.
Antitrust cases in New York are incredibly complex. You would strain your company’s resources by devoting time and effort to handling your defense entirely in-house rather than working with a private defense firm such as the Law Offices of Robert Tsigler, PLLC. We can provide comprehensive defense counsel that will allow you the flexibility to continue focusing on running your company while we handle your defense. In addition, our firm is available 24/7 to answer any questions or address any concerns you may have about your case’s latest developments. Our goal is to help your company overcome the antitrust charges against you as effectively as possible and preserve your organization’s image and reputation.
Antitrust Laws in New York
On June 7 of 2021, the New York state Senate passed the Twenty-First Century Antitrust Act, an extensive piece of legislation that considerably alters the state of New York’s antitrust laws. If passed by the New York State Assembly, this new law would drastically change the current antitrust laws in New York, prohibiting companies from engaging in many types of conduct and preventing companies from obtaining “dominant positions” in their markets. In addition, this body of laws would require state-level pre-merger filings and offer several new protections for employees involved in New York state labor markets.
While the future of the Twenty-First Century Antitrust Act remains unclear, it is vital to know how New York currently handles antitrust violations and the penalties your company might incur if found in violation of state antitrust laws. Additionally, a company can face prosecution for federal antitrust violations if the company violated any part of the Federal Trade Commissions Act. Examples of antitrust violations include:
- Price fixing. Manufacturers and distributors may not agree to fix prices for consumers, which would lead to inflated consumer prices.
- Bid rigging. Companies may not coordinate their bids for service contracts in New York or anywhere else in the United States.
- Resale price maintenance. Often called “vertical price fixing,” this practice involves agreements with retailers to sell products at predetermined prices.
- Market allocation. This practice refers to competitors agreeing to split their market base or only sell their products in certain areas to guarantee profits for all participants by diluting market competition.
- Group boycotts. This describes companies joining together to prevent a specific product or service from entering the consumer market, thus depriving consumers of fair choice.
- Tying arrangements. Companies may not “tie” the purchase of one product to another product, meaning they cannot compel consumers to buy one product before they are allowed to buy a different product, even if the products are related in any way.
New York’s antitrust laws prescribe severe penalties for any company that engages in these practices. The New York attorney general could file an action that includes civil fines up to $100,000 for individual business owners or up to $1,000,000 for corporations that engage in antitrust violations. Suppose a private party files a lawsuit against a company that has engaged in any antitrust violations. In that case, they have the right to join the attorney general’s action to seek treble damages. Finally, suppose an individual or company violates the Donnelly Act. In that case, they face prosecution at the felony level and face criminal penalties, including $1,000,000 in fines for corporations and $100,000 and four years in prison for individuals.
If you are served with a subpoena indicating your company has been cited as violating New York antitrust laws or that you are under investigation for participating in antitrust violations, it is imperative to secure legal counsel as soon as possible. Even if your company has an in-house legal team, working with the Law Offices of Robert Tsigler, PLLC, will significantly increase the chances of succeeding in your defense.
Find Your Representation Now
The Law Offices of Robert Tsigler, PLLC, has the professional resources and legal experience necessary to handle antitrust defense at any level. Whether you are a business leader in charge of a major corporation, or a small business owner accused of antitrust law violations, you need reliable defense counsel on your side to navigate your case with confidence.
Our team will carefully review the charges against you and perform extensive discovery to reveal the root of the matter. It’s possible that you have been wrongfully accused of antitrust violations or that the attorney general has misinterpreted critical facts in the situation. Whatever your case entails, our team can help you determine the best path through it, providing you with responsive legal representation every step of the way. If you are ready to discuss your defense options with a Brooklyn antitrust violations attorney, contact the Law Offices of Robert Tsigler, PLLC, today and schedule a consultation with our firm.
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