The power of antitrust goes to credit professionals who understand what this significant body of law permits and know how to use antitrust laws to protect their companies and/or employers. This module will explore the pertinent Acts and the origin and reasoning behind the antitrust laws that help the credit department develop and follow proper procedures for gathering and exchanging credit information among competitors. The student will learn to use language to construct the appropriate phraseology in order to understand the paying habits of customers and to avoid the perpetuation of business credit fraud. After successful completion of this module the student should understand the four antitrust laws relating to sales and credit management, who should know the rules and implications of antitrust regulations, and antitrust in credit investigation, This module is Part 1 of two parts. Part 2 covers Defamation, Ethical Considerations and Confidentiality.
Mike Brittain is a principal in Dix Services and specializes in commercial (B2B) credit management, analysis, association management and performs financial analysis on potential franchisees for major national franchisors. He is Managing Editor and contributing author of the Manual of Credit and Commercial Laws published annually by the National Association of Credit Management and is Managing Editor and contributing author of Principles of Business Credit textbook used in the certification of commercial credit managers and is a contributing presenter to the NACM Credit Learning Center.
He started his credit career as a Business Analyst with Dun & Bradstreet, and is most recently former President and Chief Operating Officer of the National Association of Credit Management (NACM) MidAmerica in Oklahoma City having retired in 2008 after 28 years in the position.
He is an instructor for the National Association of Credit Management, teaching courses in “Principles of Business Credit”, “Financial Statement Analysis”, “Credit Law” and “Business Law”.