Case demonstrates the important role whistleblowers play in exposing illegal anticompetitive schemes.
In a significant development for antitrust enforcement, the U.S. Department of Justice’s Antitrust Division has issued its first whistleblower reward under the recently established Whistleblower Rewards Program. The government awarded $1 million to an individual whose information led to criminal charges, a deferred prosecution agreement, and a $3.28 million fine against EBLOCK Corporation, an international company operating an online auction platform for used vehicles.
Dan Mogin of Mogin Law LLP recently teamed up with Julie Keeton Bracker of Bracker & Marcus to create an insightful and detailed webinar on the intricacies of the new program which explores the important nuances of establishing an antitrust case. Watch it here (no charge) or take it for CLE on the Cerifi LegalEdge Platform (subscription or fee required).
The case centers on EBLOCK’s acquisition of Company A in November 2020. Following the acquisition, EBLOCK failed to address ongoing anticompetitive practices at Company A, including a bid-rigging conspiracy with Company B and fraudulent “shill bidding” activities. These practices suppressed competition and artificially inflated prices for used vehicles, violating the Sherman...
Consumer products companies are increasingly facing litigation that blends traditional false advertising claims with emerging privacy-tracking and website accessibility theories. In this one-hour C...