On behalf of the International Society of Transport Aircraft Trading, (ISTAT), please review the antitrust statement of the association.
There can be no discussion at ISTAT Board of Director meetings, ISTAT Foundation Board of Trustee meetings, ISTAT Committee meeting, or among members on the ISTAT social media sites concerning:
- Prices paid or charged by the individuals or companies that you represent
- Terms or conditions of sale established by your firm such as credit terms, markups or profits
- The geographical areas in which your company is seeking or may seek to do business
- The persons or companies with whom your company will or will not do business
- Specific costs and plans.
Any departure from these ground rules could result in severe civil and criminal penalties to the association or to the individuals and companies involved. Federal sentencing guidelines mandate jail sentences for first-time antitrust violations and call for criminal fines that may range into millions of dollars.