EPTDA’s Anti-Trust Policy Statement is to comply fully and strictly with both federal and state anti-trust laws. This policy is motivated by a firm respect and belief in the anti-trust laws and the recognition of the potentially severe detrimental consequences of antitrust violations.
The basic objective of the anti-trust laws is to preserve and promote competition. These laws are premised on the assumption that private enterprise and free competition are the most efficient ways to allocate resources, produce goods at the lowest possible price, and assure the production of high quality products.
EPTDA’s aim is that its members conduct themselves in such a way as to avoid any potential for anti-trust exposure. Full compliance with the anti-trust laws is a requirement for EPTDA membership, and responsibility for compliance rests with each member. To comply with the anti-trust laws, members should not discuss certain subjects when they are together — either at formal meetings or in informal contacts with other industry members. Topics to avoid discussing with competitors include, but are not limited to: price trends, timing of price changes, terms of sale, discounts and rebates (or any kind of information that is not publicly available). Further, EPTDA and its members are prohibited from collectively discussing any company’s confidential strategy orany other confidential information.
Participants in EPTDA’s meetings have an obligation to terminate any discussion, seek legal counsel advice, or, if necessary, terminate any meeting if the discussion might be construed to raise anti-trust risks. All EPTDA meetings and activities are held for the purpose of transacting the appropriate business of EPTDA and to further its goals and must be conducted in a manner consistent with this policy.