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Lisa Phelan spoke to Bloomberg Law about how corporate competitors are suddenly collaborating to fight against the coronavirus, which could leave them vulnerable to collusion charges.

Corporate Coronavirus Cooperation Raises Prospect of Collusion

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Lisa Phelan spoke to Bloomberg Law about how corporate competitors are suddenly collaborating to fight against the coronavirus, which could leave them vulnerable to collusion charges.“The mistake companies have made is that they get together and try to figure out how to deal with new significant costs by making agreements with each other,” Lisa said.She added that companies also can’t get together and put a floor on prices, especially as tickets for airfare and travel continue to rapidly decline.Read the <a target="_blank" href="https://news.bloomberglaw.com/mergers-and-antitrust/corporate-coronavirus-cooperation-raises-prospect-of-collusion">full article</a> (subscription required).