Page 17 - Code of Ethical Business Conduct

Code of Ethical Business Conduct 15

Antitrust Laws

Employees must comply with all applicable antitrust laws. The United
States antitrust laws prohibit the following kinds of activities that are considered
to be in “restraint of trade” that improperly reduce competition: agreements or
understandings among competitors to fix or control prices or wages, to boycott
specified suppliers or customers, to allocate products, territories, or markets, or to
limit the production or sale of products or product lines. Employees should never
engage in discussions of such matters with representatives of other companies.
Employees should report to the Company’s Legal Department any instance in
which such discussions are initiated by other companies.
All employees who regularly deal with customers or competitors must be
familiar with relevant antitrust law and related Company policy by participating
in antitrust education and training provided or approved by the Company. U.S.
antitrust laws also apply to international operations and transactions related to
imports to, or exports from, the United States. Moreover, the international activities
of Martin Marietta could be subject to antitrust laws of foreign nations.
Mandatory antitrust training and stand-alone Antitrust Policies are provided to
employees who are required to participate in the training and follow the Company’s
policies. Because of the complexity of antitrust laws, it is imperative that advice
be sought on any questions regarding this subject from the Company’s Legal
Department. The criminal penalties imposed by courts related to violations of the
antitrust laws could be severe in terms of both imprisonment and fines, and they
are imposed on both employees and employers.