Friday, April 27, 2007

ANTITRUST COMPLIANCE GUIDELINES FOR THE AMERICAN WIND ENERGY ASSOCIATION

One of the major goals of the American Wind Energy Association (AWEA) is to create an environment where industry members can meet and share information with the understanding that AWEA activities will be conducted in accordance with the provisions of the antitrust laws. AWEA recognizes the importance of the antitrust laws to preserve and foster competition and is committed to a policy that requires strict compliance with these laws. The AWEA Board of Directors has adopted the following Antitrust Compliance Guidelines to be used by members and staff in conducting AWEA activities.

Application of the Antitrust Laws to Association Activities:

AWEA understands that trade associations are subject to strict scrutiny under the antitrust laws because they are venues where competitors gather and share information about the way they conduct their business. Therefore associations must act carefully and cautiously in the way that they conduct their activities to ensure that they do not create situations that could be construed as violations of the antitrust laws.

Antitrust compliance is important for association members because violations of the law could result in felony convictions leading to jail sentences and civil fines and penalties. Thoughtless violations of the antitrust laws can result in innocent members and staff being subjected to costly investigations and litigation involving a great loss of time and payment of legal fees. Such thoughtless violations have been known to ruin industry associations and cause
great harm to individuals’ professional and personal lives. It is AWEA’s goal to make members aware of these laws and be proactive in ensuring compliance.

READ ENTIRE POLICY STATEMENT

AWEA_antitrust_Guidelines.pdf

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