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var addthis_options = 'print, favorites, linkedin, facebook, twitter, myspace, yahoobkm, google, more'; var addthis_brand = "SEMI"; var addthis_header_color = "#ffffff";var addthis_header_background = "#000000"; </script> <a href="https://web.archive.org/web/20140702080419/http://www.addthis.com/bookmark.php?v=20" onmouseover="return addthis_open(this, '', '[URL]', '[TITLE]')" onmouseout="addthis_close()" onclick="return addthis_sendto()"><img src="https://web.archive.org/web/20140702080419im_/http://s7.addthis.com/static/btn/lg-share-en.gif" width="125" height="16" alt="Bookmark and Share" style="border:0"></a> <script type="text/javascript" src="https://web.archive.org/web/20140702080419js_/http://s7.addthis.com/js/200/addthis_widget.js"> </script>  <br> <br>    <ul> <ul> <p> <font face="Arial" size="2"><b>ANTITRUST REMINDER</b></font> </p> <p> <font face="Arial" size="2">SEMI activities are a coordinated effort among competitors in the semiconductor equipment and materials industry and are, therefore, subject to antitrust laws. Although this coordination is perfectly legal under U.S. antitrust laws, we want to make sure that no antitrust risks are raised by the manner in which the SEMI program is carried out. Accordingly, these guidelines may go somewhat beyond the prohibitions of the law, but that is done in the interest of safety.</font> </p> <p> <font face="Arial" size="2">The penalties for violating antitrust laws can be quite severe, including large fines and even imprisonment of individuals found guilty of illegal conduct. Contrary to the popular belief that the government has relaxed antitrust enforcement, in recent years the Justice Department has recommended jail sentences for the majority of persons convicted of violating antitrust laws. Moreover, the U.S. Supreme Court has ruled that a trade association may be held legally responsible for the unauthorized, as well as authorized, acts of its members. Accordingly, every effort must be made to avoid even the appearance of impropriety.</font> </p> <p> <font face="Arial" size="2"><b>LAWFUL ACTIVITIES</b></font> </p> <p> <font face="Arial" size="2">As a basic premise, the goals of SEMI are clearly lawful. The proposed activities, if properly conducted, will not be found to violate the antitrust laws because they will not have an adverse effect on the competitive market place. </font> </p> <p> <font face="Arial" size="2">SEMI relies heavily on the judgment of SEMI staff members to see that topics which may give an appearance of an agreement that would violate antitrust laws are not discussed at SEMI meetings. The presence of a SEMI staff member at a meeting, however, should not invite probing to determine how far a discussion can proceed before it becomes apparent that it is improper and is cut off. Each SEMI member has the responsibility in the first instance to avoid raising improper subjects for discussion. This reminder has been prepared to ensure that participants in SEMI meetings are aware of this obligation. </font> </p> <p> <font face="Arial" size="2"><b>UNLAWFUL ACTIVITIES</b></font> </p> <p> <font face="Arial" size="2">The most common violations of the antitrust laws are agreements among competitors to fix prices or allocate customers. As for SEMI, the most important thing to keep in mind is that its purpose is to promote the semiconductor equipment and materials industry, sponsor education and training, and promote industry standards. SEMI does not market particular semiconductor equipment or materials products. Accordingly, it is not the business of SEMI to consider or discuss matters relating to product development, marketing, purchasing, or pricing decisions of individual companies. </font> </p> <p> <font face="Arial" size="2">The Do’s and Don’ts presented below highlight only the most basic antitrust principles. Participants in SEMI meetings should consult counsel in all cases involving specific situations, interpretations, or advice. </font> </p> <p> <font face="Arial" size="2"><b>DON’T</b></font> </p> <p> <font face="Arial" size="2">1. DON’T IN FACT OR APPEARANCE, discuss or exchange information regarding:</font> </p> <p> <font face="Arial" size="2">(a) Individual company current or projected prices, price changes, price differentials, markups, discounts, allowances, terms and conditions of sale, including credit terms, etc., or data that bear on prices, including profits, margins or cost.</font> </p> <p> <font face="Arial" size="2">(b) Industry pricing policies, price levels, price changes, differentials, or the like.</font> </p> <p> <font face="Arial" size="2">(c) Changes in industry production, capacity, or inventories.</font> </p> <p> <font face="Arial" size="2">(d) Individual company bids or intentions to bid for particular products, procedures for responding to bid invitations, or specific contractual arrangements.</font> </p> <p> <font face="Arial" size="2">(e) Plans of individual companies concerning the design, characteristics, production, distribution, marketing, or introduction dates of particular products, including proposed territories or customers.</font> </p> <p> <font face="Arial" size="2">(f) Matters relating to actual or potential individual suppliers that might have the effect of excluding them from any market or of influencing the business conduct of firms toward such suppliers or customers.</font> </p> <p> <font face="Arial" size="2">(g) Individual company current or projected cost of procurement, development, or manufacture of any product.</font> </p> <p> <font face="Arial" size="2">(h) Individual company market shares for any product or for all products.</font> </p> <p> <font face="Arial" size="2">2. DON’T discuss or exchange information regarding the above matters during social gatherings incidental to SEMI-sanctioned meetings, even in jest.</font> </p> <p> <font face="Arial" size="2"><b>DO</b></font> </p> <p> <font face="Arial" size="2">1. Adhere to prepared agendas for all SEMI meetings.</font> </p> <p> <font face="Arial" size="2">2. Insist that meeting minutes be prepared and distributed to all participants, and object whenever meeting minutes do no accurately reflect the matters which transpired.</font> </p> <p> <font face="Arial" size="2">3. Understand the purposes and authority of each SEMI committee or other group in which you participate.</font> </p> <p> <font face="Arial" size="2">4. Consult with SEMI’s legal counsel or your company counsel on all antitrust questions related to SEMI meetings.</font> </p> <p> <font face="Arial" size="2">5. Protest against any discussions or meetings which appear to violate the antitrust laws, disassociate yourself from any such discussions or activities, leave any meeting in which they continue and report the activity to the SEMI Executive Director so that similar conduct can be avoided in the future.</font> </p> <p> <font face="Arial" size="2">SEMI’s policy is to discuss thoroughly with legal counsel any proposed programs or policy decisions before they are implemented. If any participant has a question as to the legality of a proposed course of action, the matter should be immediately referred to the SEMI Executive Director who will discuss it with legal counsel. In this manner, SEMI can ensure continued pursuit of its legitimate objectives with maximum protection for its participants.</font> </p> </ul> </ul>  <comment text="    "> </comment>  </div> </div> </div>  </div> </div> </div>  </div> </div></div>  <div class="panel-sidebar-first"><div class="panel-sidebar-first-inner inside panel-panel"> <div id="left-navigation" class="panel-pane pane-block pane-menu-primary-links"> <div class="pane-content"> <div id="submenu-tree-left"> <div class="menu_block_wrapper menu-block-1 menu-name-primary-links parent-mlid-0 menu-level-1"> <ul class="menu"><li class="expanded first menu-mlid-5346"><a href="/web/20140702080419/http://semi.org/en/About">About</a><ul class="menu"><li class="leaf first menu-mlid-5351"><a href="/web/20140702080419/http://semi.org/en/About/Regions">Regions</a></li> <li class="leaf menu-mlid-5356"><a href="/web/20140702080419/http://semi.org/en/About/P001319">Board of Directors</a></li> <li class="leaf menu-mlid-5361"><a 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