Antitrust Compliance Policy Revamps All-or-Nothing Approach to Corporate Leniency

By Kristin Broughton and Dylan Tokar, Wall Street Journal

Companies looking to catch a break from federal prosecutors for violating antitrust laws have long been forced to run a winner-takes-all race: Those that were first in line to report wrongdoing were let off the hook while co-conspirators faced criminal charges.

That approach changed this week under a new compliance policy unveiled by the U.S. Justice Department. Among the most significant revisions: Prosecutors will begin offering deferred prosecution agreements to companies that fail to secure the coveted first spot in line but h…

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