antitrust

NJACI Antitrust Policy October - 2 - 2025

It shall be the policy of NJACI (the Chapter) to be in strict compliance with all Federal and State Antitrust laws, rules and regulations. Therefore:

I. These policies and procedures apply to all membership, board, committee and other meetings of the Chapter and all meetings attended by representatives of the Chapter.

II. Discussions of prices or price levels at all meetings and certification classes is prohibited. In addition, no discussion is permitted of any elements of a company's operations which might influence price such as:

a. Cost of operations, supplies, labor or services;
b. Allowance for discounts;
c. Terms of sale including credit arrangements; and,
d. Profit margins and mark ups, provided this limitation shall not extend to discussions of methods of operation, maintenance, and similar matters in which cost or efficiency is merely incidental.

III. It is a violation of Antitrust laws to agree not to compete, therefore, discussions of division of territories or customers or limitations on the nature of business carried on or products sold are not permitted.

IV. Boycotts in any form are unlawful. Discussion relating to boycotts is prohibited, including discussions about blacklisting or unfavorable reports about particular companies including their financial situation.

V. It is the NJACI policy that all meetings attended by representatives of the Chapter where discussion can border on an area of antitrust sensitivity, the Chapter's representative shall request that the discussion be stopped and ask that the request be made a part of the minutes of the meeting being attended. If others continue such discussion, the Chapter's representative should excuse himself from the meeting and request that the minutes show that he left the meeting at that point and why he left. Any such instances should be reported immediately to the President of NJACI.

VI. It is the Chapter's policy that a link to this Antitrust Policy be posted on the NJACI.com website for access by all members and non-members. Each Officer, Director, Committee Member and Chapter employees shall review the Policy annually and that an antitrust statement be included on the sign-in sheet at Board Meetings, General Meetings and Certification Classes conducted by the Chapter.