Antitrust dangers lurk beneath ice in ethics codes
- February 6, 2015 |
- WILLIAM EHART
Six groups last year settled with FTC The $1.6 million-revenue Professional Skaters Association got a sort of holiday card from the Federal Trade Commission right after Thanksgiving 2013—a subpoena, demanding all of the group's records before Christmas. "We fought," said PSA Executive Director Jimmie Santee. Tenenbaum Howe Ultimately, PSA became one of six small associations in the past year to agree to a consent order and change its code of ethics—which restricted competition among skating coaches—to comply with FTC antitrust enforcement actions. While the FTC is going after the "low-hanging fruit" of associations without the resources to fight back, antitrust… Read More