For most employers, the idea of being hit with an antitrust lawsuit is the last thing on their minds. But it probably should be.
Reason: Many common practices that companies use on a daily basis could easily trigger an antitrust lawsuit that could result in civil and possibly even criminal penalties.
That’s according to Richard Macias who held a presentation on the topic at the National Association of Credit Management Western Region Conference.
Here are three of most common employer practices that could inadvertently break the law:
- Incentives for customers to buy more. Employers must be vigilant about how equally they offer credits, rebates and return programs to customers.
- Discounts based on volume. Most companies offer their customers’ price discounts for buying in bulk. Problem is, if small customers can’t afford to do it, you may be asking for trouble. A much safer tactic is tiered pricing.
- Special payment terms. Companies that offer flexible payment terms to some customers — but not to others who are in the same market or who purchase the same product — could be guilty of violating antitrust laws.