United States: Updated Guidance from the Department of Justice’s Antitrust Division
in short On November 12, 2024, the U.S. Department of Justice’s Antitrust Division updated its Evaluation of Corporate Compliance Programs (ECCP) in criminal antitrust investigations.1 New additions include guidance such as using "managers at all levels" to "set the tone from the middle" by "demonstrating to employees the importance of compliance" and establishing policies that consider using "ad hoc messaging or non-company approaches". Communication, "applied" data analysis tools. . . Compliance and Monitoring" and engaging compliance staff in the "deployment of artificial intelligence and other technologies to assess the risks they may pose." Additionally, ECCP will now apply it to civil investigations. The department's update reiterates that enactment The need for strong compliance policies, if properly designed, should prevent and detect potential misconduct under antitrust laws. Companies should work with counsel to review their current compliance policies and make necessary updates. content go deep Artificial Intelligence and Technology communication channels management and culture Monitoring and reporting Applicable to civil antitrust…
Snohomish Youth Soccer Club acquires USL Division II
Provided by Snohomish County Sports Commission snohomish, wash— Snohomish United has officially joined the USL League Two for the upcoming 2025 season. This marks a major milestone for the youth soccer club and its community, bringing pre-professional soccer to Snohomish County and providing a platform for the country’s young players to showcase their talents nationally. Snohomish United will now compete in the nation's top professional prep league. The USL Division II is a pathway for college players and young talents to the professional level. As part of the Northwest Division, USL Snohomish Division II teams will face stiff competition from other area clubs to further elevate the level of local soccer. The club will continue to develop young talent as always, but local fans can now look forward to matchday action. “Joining USL Division II is a big step forward for our club,” said Snohomish United President Chris Miller. "This move gives local talent the opportunity to compete at a…
Honda launches performance parts division at SEMA
The positive response to the bold Integra Type S HRC prototype will lead to a range of special street and off-road performance parts. The SEMA show cars will include a special version of the Pilot. Aftermarket tuner Bisimoto also overhauled the Honda Prologue and brought it to Las Vegas. American Honda Racing has confirmed it will establish a new business to produce high-performance parts for Honda and Acura models and make them available to owners. The announcement comes at the 2024 SEMA Show, where Honda will display a series of race cars and a special Prologue modified by Bismoto. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); We have strong indications that a Honda/Acura performance parts line is coming. In August, HRC unveiled a one-off Acura Integra Type S with a host of upgrades, saying at the time that the prototype previewed a range of…
Stellantis’ Heritage division just built 3 special Alphas
DTM champion Nicola Larini will sign three 'refurbished' Alfa Romeo 4C units, combining retro tones with white racing-style graphics The Stellantis Heritage division has announced the launch of three special Alfa Romeo 4C models available for sale. The 4C Collezione GT "Nicola Larini" has a unique livery and the signature of the DTM champion. They will be based on 4C's existing units as part of the "Reloaded by Creators" programme. It seems that Stellantis Heritage has a soft spot for the discontinued Alfa Romeo 4C sports car. Following the exclusive 4C Unica, part of its exclusive "Designers-Cut" series, the division has now launched three new Alfa 4C Collezione GT "Nicola Larini" editions. These special models are inspired by motorsport and feature the signatures of the DTM champions. Like other models in the "Reloaded by Creators" series, these cars are not fresh off the production line, but are based on existing Alfa Romeo 4C models. As the name suggests, they pay…
Oak View Group launches stadium division
Citizens Bank Park, home to the Philadelphia Phillies of Major League Baseball (MLB), is one of the stadiums managed by the Oak View Group's new stadium division. ||Photo courtesy of 4kclips, courtesy of AdobeOak View Group (OVG), a Denver, Colorado-based venue development, management and premium hospitality company, has launched a dedicated division focused on the company's global sports venues business. OVG Stadia will bring together industry-leading stadium experts from across the company to serve as strategic partners in all regions around the world.With the addition of OVG Stadia President Chris Wright, the new division will build on the strong roster of OVG Stadia customers in the United States, including Snapdragon Stadium in San Diego, California; Citizens Bank Park in Philadelphia, Pennsylvania; and Historic Dallas, Texas of Cotton Bowl Stadium and more. Wright, the former general manager of Allegiant Stadium in Las Vegas, Nevada, will lead a team of stadium experts in planning, developing, designing, building, selling and operating a world-class…
GES expands its Middle East operations with new Qatar division
GES has launched a new division in Qatar to expand its ability to provide customers with localized in-region support. Organizers in the region will be able to benefit from faster, higher quality and more personalized event and exhibition services, with GES offering a range of services including its event management platform Visit. GES has been operating in the Middle East for some time and has been a trusted partner to the UAE exhibition market for over 15 years. The establishment of the Qatar office is part of continued growth in the region, most recently opening an office in Saudi Arabia in 2021. "We are delighted to be bringing our expertise to Qatar at a time of significant growth for the events industry in the region. With our strong established presence in the UAE and Saudi Arabia, this new location allows us to be even more flexible in responding to the needs of our clients across the region requirements and continue…
Ford’s electric vehicle division loses $1.1 billion, or $50,000 per vehicle
Electric vehicles will account for only 4% of Ford's total vehicle sales in the first half of 2024 go through Brad Anderson July 30, 2024 12:10 Although current losses are large, they should decline in the coming years. Ford's first-quarter electric vehicle sales surged 61%. According to recent news, Ford will reduce battery orders from three suppliers. Ford is investing billions of dollars into electric vehicles, but like many other automakers doing the same, it's finding that it's not easy to build electric cars without losing huge amounts of money. Ford's second-quarter financial information shows that the Ford Model E electric vehicle division lost $1.1 billion. During this period, the company sold 23,957 electric vehicles in the United States, which means that Ford E lost $47,600 for each electric vehicle sold. Taking into account the poor performance in the first quarter, Ford E has lost $2.5 billion this year and is expected to lose $5 billion to $5.5 billion by…
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