X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Corporate Social Responsibility.As consumer and investor engagement continues to rise, there is intense pressure on companies to ramp up their corporate social responsibility (CSR) efforts. Being a good corporate citizen is no longer an option but a necessity in order to stay in business. As a result of this increased pressure, there has been an influx of CSR collaborations among competitors—some initiated by governments and NGOs, and others established by industry participants themselves. In each case, generally, the goal is to do good and promote various CSR goals ranging from environmental, health and safety, and labor.

That said, an effort to be socially responsible can still run afoul of the antitrust laws. For example, an industry agreement to improve the quality of life for animals may be alleged to increase prices or reduce output. Re Processed Egg Prod. Antitrust Litig., 851 F. Supp. 2d 867, 877 (E.D. Pa. 2012)). Similarly, an industry agreement to lower air emissions may be accused of raising prices or choice for consumers. Ben Foldy and Brent Kendall, Justice Department Issues Civil Subpoenas to Auto Makers in California Emissions Pact Probe, Wall Street J. (Nov. 7, 2019)). But companies that want to do good should not fret completely. There are still several options to consider that are well within the bounds of the antitrust laws.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

General Counsel Conference Midwest: SuperConference 2021Event

GCC Midwest addresses today's legal issues facing companies by providing general counsel with insight and best practices.

Get More Information
 

General Counsel Summit (GCS) 2021Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.