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LSDefine

Simple English definitions for legal terms

corporate crime

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A quick definition of corporate crime:

Corporate crime is when a company or its representatives do something that is against the law. This can include things like cheating customers or fixing prices. Even though a company is not a person, it can still be punished for breaking the law. This is called organizational crime.

A more thorough explanation:

Corporate crime is a type of crime committed by a corporation's representatives acting on its behalf. This can include things like price-fixing and consumer fraud. While a corporation as an entity cannot commit a crime other than through its representatives, it can be named as a criminal defendant.

For example, if a company's executives collude to fix prices on a product, they are committing corporate crime. Another example is if a company misleads consumers about the safety or effectiveness of a product, they are also committing corporate crime.

corporate counsel | corporate distribution

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