Approval Date: August 30, 2022
The purpose of the Antitrust Policy is to protect the Plastics Hall of Fame, Inc.’s interest when members, guests, and paid or unpaid consultants/staff gather or communicate by prohibiting anticompetitive behavior and unfair business practices. This policy is intended to supplement, but not replace, any applicable state or national laws governing antitrust issues to nonprofit and charitable corporations. This policy covers all the Plastics Hall of Fame members, all the Plastics Hall of Fame guests, and all the Plastics Hall of Fame consultants and staff.
Antitrust laws prohibit agreements in restraint of trade, monopolization and attempted monopolization, anticompetitive mergers and tie-in schemes, and, in some circumstances, price discrimination in the sale of commodities, products, or services.
In any meeting, social gathering, or event, in person or virtual, of the Plastics Hall of Fame members, guests, consultants, or staff held under the sponsorship of the Plastics Hall of Fame, or in any the Plastics Hall of Fame document, note, writing, or other communication, there can be:
• No discussion among members, guests, consultants, or staff, which attempts to arrive at any agreement regarding prices, terms or conditions of sale, distribution, volume, territories, or customers;
• No activity or communication which might be construed as an attempt to prevent any person or business entity from gaining access to any market or customer for goods or services or any business entity from obtaining services or a supply of goods;
• No activity or communication which might be construed as an agreement to refrain from purchasing or using any materials, equipment, services, or supplies of or from any supplier; or
• No other activity violates antitrust or applicable laws to prevent unfair competition.
At the beginning of every Plastics Hall of Fame meeting, in-person or virtual, the following should be stated: “As a reminder, this meeting is being conducted under the Plastics Hall of Fame Antitrust Policy.”