FTC and DOJ: “we will hold accountable those who seek to illegally subvert competition and prey on those affected by Hurricanes Harvey and Irma”

“The Antitrust Division of the Department of Justice and the Federal Trade Commission (the “Agencies”) will hold accountable those who seek to illegally subvert competition and prey on those affected by Hurricanes Harvey and Irma. The Antitrust Division of the Department of Justice will criminally prosecute businesses involved in naked price-fixing, bid-rigging, or market-allocation agreements.

(…)

Representatives from numerous federal and state law enforcement agencies have formed a working group to investigate and prosecute illegal activity related to Hurricane Harvey.

(…)   Under the lessons learned from Hurricane Katrina, we bring a comprehensive law enforcement focus to combat any criminal activity arising from the tragedy of Hurricane Harvey and the rebuilding efforts underway.”

To read the full statement: hurricanes_harvey_and_irma_ftc_doj_statement

Sources: Department of Justice  and FTC

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