Jan. 19, 2016
-- Washington, DC – Robert E. Connolly, Partner at GeyerGorey LLP, today offered an in-depth presentation on the intricacies of staying compliant with the Antitrust/Competition Law and, importantly, how to ensure that an organization is able to clearly demonstrate its compliance. The presentation, titled “Avoiding the Creation of “Hot” Antitrust Documents,” was made at the request of the Clear Law Institute in Arlington, Virginia.
Maintaining compliance with antitrust regulations is a major concern of companies operating in today’s globalized business environment, as both governmental and civil society scrutiny and the costs of litigation continue to increase. In addition to ensuring compliant behavior among all staff and suppliers, Mr. Connolly’s presentation stressed the importance of maintaining comprehensive documentation regarding the pro-competitive reasoning behind corporate decisions. The maintenance of this ‘paper trail’ can be a critical factor in avoiding antitrust litigation and/or defeating antitrust suits that are filed.
“It is critical that companies understand that the burden of proof to file an antitrust suit is not very high, and just a few questionable emails or memos could lead to years of costly litigation,”
said Robert E. Connolly, Partner, GeyerGorey LLP. “The risk of running afoul of antitrust compliance standards may be even higher for companies from countries that have different business cultures and regulatory systems, as what is ok in their home market may cross the antitrust line in the US. Being aware of these issues, undertaking rigorous compliance training, and ensuring a system of regular compliance audits is the best approach to mitigate the risk of antitrust litigation.”
Robert E. Connolly became a partner at GeyerGorey in 2014 where he specializes in criminal antitrust, white collar crime investigations, compliance training and civil antitrust. Prior to his joining the private sector he served in the Antitrust Division, United States Department of Justice for 32 years starting in 1980. During that time he gained significant experience as a prosecutor in all aspects of criminal antitrust and government fraud investigations, grand jury practice and prosecutions. Mr. Connolly’s work included high-profile DOJ criminal cartel investigations in the ocean shipping and graphite electrodes industries. In addition to his work at the Department of Justice, Mr. Connolly was a Kramer Fellow at Yale University in 1989-1990 and held the position of adjunct professor of antitrust law at both Rutgers-Camden Law School and Drexel’s Earle Mack School of Law.