Compliance officers should have executive authority. That means the power to block hiring decisions, reject subcontracts and purchase orders, disapprove proposed partners and other intermediaries, and stop projects from happening or continuing.… Continue Reading
Posts Tagged: Price Fixing
The DOJ extradited a 65-year-old Dutch woman who was indicted in 2010 for being part of a conspiracy to fix prices in the global air cargo industry.… Continue Reading
Last Monday, the U.S. Senate approved a bipartisan bill designed to prevent retaliation against whistleblowers who provide tips about criminal price-fixing to the Department of Justice.
The co-authors of the bill, Charles Grassley (R-IA) and Patrick Lahey (D-VT), also wrote the whistleblower provisions contained in the Sarbanes-Oxley Act of 2002, which provide significant protections to corporate whistleblowers, particularly employees at publicly traded corporations.… Continue Reading