Antitrust Lawyer Blog Commentary on Current Developments

DOJ IMPOSES LONGEST JAIL SENTENCE FOR A SINGLE ANTITRUST CHARGE ON FORMER SHIPPING EXECUTIVE

On January 30, 2009, Peter Baci, a former executive at a freight service company, was sentenced to 48 months in jail and agreed to pay a criminal fine of $20,000. This sentence marks the longest jail sentence ever imposed for a single antitrust charge.
On October 20, 2008, Mr. Baci pled guilty to his role in a conspiracy to raise prices and eliminate competition for the movement of goods such as heavy equipment, medicines and consumer goods, on scheduled ocean voyages between the U.S. and Puerto Rico. On October 1, 2008, four U.S. shipping company executives including Peter Baci of Jacksonville, FL, Kevin Gill and Gregory Glova of Charlotte, NC, and Gabriel Serra of San Juan, Puerto Rico pled guilty for their role in a broad conspiracy to rig bids, fix prices, and allocate market share for customers transporting goods between the United States and Puerto Rico. A fifth shipping executive, Alexander Chisholm, of Jacksonville, FL was charged with obstruction of justice. He agreed to plead guilty and serve jail time. Sentences are still pending for Mr. Gill, Mr. Glova, Mr. Serra, and Mr. Chisholm


Andre Barlow

(202) 589-1834
abarlow@dbmlawgroup.com