United States v. James P. Heffernan
Court of Appeals for the Seventh Circuit
1Opinion of the Court
POSNER, Chief Judge.
James Heffernan, vice-president of a company that makes steel drums, conspired with executives of competing companies to sell the most common type of drum at identical prices to two large buyers. He was convicted of violating section 1 of the Sherman Act, 15 U.S.C. § 1, and was sentenced to 24 months in prison. He would have received a shorter sentence had the judge not found that his offense was “bid-rigging” rather than simple price fixing. The federal sentencing guideline applicable to “Bid-Rigging, Price-Fixing, or Market-Allocation Agreements Among Competitors,”…
2Cases cited21 opinions
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