The Antitrust Division also announced a deferred prosecution agreement (DPA) resolving the charge against Argos, under which the company agreed to pay a $20 million criminal penalty, admitted to participating in the charged conspiracy, and agreed to cooperate fully with the Antitrust Division’s ongoing criminal investigation and prosecution of others involved in this conspiracy. Under the DPA, Argos has also agreed to maintain a compliance and ethics program designed to prevent and detect antitrust violations and that meets certain elements specified in the DPA, and to conduct periodic reviews and submit annual reports to the division regarding the remediation and implementation of its compliance program. As part of the agreement, the parties will file a joint motion, which is subject to approval by the court, to defer for the term of the DPA any prosecution and trial of the charge filed against Argos.
January 7, 2021
When my young kids want a treat, they usually ask me or their mother for permission. A negotiation ensues. Promises are made. Concessions are extracted. More often than not, after some delay and occasional tears, my kids will get their treat but at a price.
This arrangement (mostly) works for a family with young children, but our economy shouldn’t operate on this model. Federal agencies aren’t parents, and economic actors aren’t children who must seek prior permission for routine conduct. Beyond specific areas such as national security and health and safety, our economic framework rests on a foundation of freedom. That framework has produced the strongest economy in the history of humanity.
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Former owner of health care company indicted for wage fixing
Eastern District of Texas
A federal grand jury returned an indictment charging Neeraj Jindal, the former owner of a therapist staffing company, for participating in a conspiracy to fix prices by lowering the rates paid to physical therapists and physical therapist assistants in North Texas, including the Dallas-Fort Worth metropolitan area, the Department of Justice announced today. The indictment also charges Jindal with obstruction of the Federal Trade Commission’s separate investigation into this conduct.
According to the two-count indictment filed in the U.S. District Court in Sherman, Texas, Jindal and his co-conspirators agreed to pay lower rates to certain physical therapists and physical therapist assistants, and Jindal’s company paid lower rates, from in or about March 2017 and continuing through in or about August 2017. Jindal is charged with participating in the conspiracy when he was the owner of a Te