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Showing posts with the label MOU

DOJ’s Antitrust Division Launches First-Ever Whistleblower Awards Program

For the first time, the A ntitrust Division will offer substantial monetary rewards — between 15% to 30% of any criminal fines recovered — to individuals who provide credible and timely information about illegal activities such as price-fixing, bid-rigging, and market allocation for prosecutions of at least $1 million in fines. Notably, the US Securities and Exchange Commission offers whistleblowers a reward range from 10% to 30%. The DOJ entered a  memorandum of understanding , which outlines the program requirements, with the USPS and United States Postal Service Office of Inspector General (USPS OIG) to form the whistleblower program. Reports can be submitted through a dedicated webpage, and whistleblowers are encouraged to act promptly to help ensure fair competition and accountability. The government stressed that the newly established program is an example of the DOJ’s commitment to root out illicit behavior in all industries, which includes industries where the USPS procur...

Artificial Intelligence and the Incoming Trump Administration: What Employers Need to Know

  The incoming administration will likely take a more light-handed approach to AI regulation than the current administration. Many of the Biden administration’s AI executive actions and agency actions will be rolled back. AI legislation will continue to proliferate at the state level. Employers should prioritize transparency measures and self-regulatory efforts as attainable goals to managing inherent risk of bias in in AI tools. Because the United States has so far adopted a light-handed and decentralized approach to regulating artificial intelligence (AI) in the workplace, the reelection of President Donald Trump is unlikely to have as dramatic an impact on AI regulations as it may on other labor and employment matters. Nevertheless, the second Trump administration will have significant influence on issues related to AI from January 2025 to January 2029, a critical time for the rapidly evolving AI regulatory environment. Overall, the incoming administration is likely to take a mo...