The US FTC settles restrictive practices charges with trade associations after they agreed to implement changes and compliance programs (PSA / PLASMA)

In Settlement with FTC, Trade Associations Agree to Change Rules and Adopt Antitrust Compliance Programs* On March 3, 2015, the Federal Trade Commission (“FTC”) announced two separate final orders with trade associations, Professional Skaters Association, Inc. (“PSA”) and Professional Lighting and Sign Management Company of America, Inc. (“PLASMA”), to settle charges that the associations’ Code of Ethics and Bylaws restricted competition among their respective members. PSA and PLASMA each agreed to eliminate certain rules and to implement antitrust compliance programs. [1] These settlements reinforce the FTC’s consistent standards prohibiting trade association rules that restrict competition among members. Background Professional Skaters Association, Inc. PSA is a non-profit association

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  • Weil, Gotshal & Manges (Washington)

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Kristin Sanford, The US FTC settles restrictive practices charges with trade associations after they agreed to implement changes and compliance programs (PSA / PLASMA), 13 February 2015, e-Competitions US Sports, Art. N° 72019

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