Antitrust & Trade Regulation, Criminal Law, Commercial Law & Contracts

The Compliance Stepchild: Antitrust

by Michael Volkov on 5/13/2013

Let’s try and put this all in perspective. Last fiscal year, the Antitrust Division collected over $1 billion in criminal fines and sent a number of senior executives to prison. ...more

DOJ Announces Changes to Antitrust Division’s “Carve Out” Practice

by Erik Raven-Hansen | BakerHostetler on 5/7/2013

On April 12, 2013, the Department of Justice announced changes to the Antitrust Division’s carve out practices concerning negotiations with companies that plead guilty to criminal antitrust violations. These changes were...more

Criminal Antitrust Update - April 2013

by Andrew Friedman, Hannibal G. Williams II Kemerer | Patton Boggs LLP on 5/6/2013

INDUSTRY SCORECARD - E-books: Macmillan has become the latest and final major e-book publisher to resolve price-fixing allegations by the DOJ Antitrust Division (the “Division”)...more

DOJ Narrows "Carve Out" Practice Regarding Corporate Plea Agreements

by William M. Regan | Katten Muchin Rosenman LLP on 4/26/2013

Assistant Attorney General Bill Baer in charge of the Department of Justice’s Antitrust Division recently announced changes to the division’s “carve-out practice” regarding corporate plea agreements. The changes aim to...more

Competition Bureau Imposes Record-Setting Bid-Rigging Fines, but Jurisdictional Questions Remain

by Peter Franklyn, Michelle Lally, Graham Reynolds | Osler, Hoskin & Harcourt LLP on 4/23/2013

In cases heard barely two weeks apart, Canada’s Competition Bureau obtained record-setting fines against two Japanese auto parts suppliers that pleaded guilty to bid-rigging charges. Although these significant penalties...more

Antitrust Criminal Enforcement

by Michael Volkov on 4/23/2013

The Antitrust Division has always had a special place in the Department of Justice. It is a world unto itself....more

Another Steelmaker Subsidiary Raided in International Antitrust Investigation

by Brandi Walkowiak | Foley & Lardner LLP on 4/17/2013

On March 29, 2013, South Korea’s antitrust watchdog, the Supreme Prosecutors’ Office raided the office of POSCO ICT, a subsidiary of POSCO that manages the parent company’s IT network, as part of an ongoing investigation of...more

DOJ Warns of Widening Probe in Automotive Industry

by Robert Murkowski, Larry Saylor | Miller Canfield on 3/7/2013

The Department of Justice's Antitrust Division warns that its wide-ranging probe into price fixing in the automotive industry is broader than previously announced. On February 15, 2013, Scott Hammond, Deputy Assistant...more

Through a Glass Darkly: A U Optronics and the Extraterritorial Application of the Sherman Act

by Mark Cohen, Scott Thomson | Cohen & Gresser LLP on 3/5/2013

Can price-fixing abroad be prosecuted criminally under the U.S. Sherman Act? The antitrust bar might well raise an eyebrow at the question. Since international cartels became a focus of the Department of Justice’s Antitrust...more

Alert: Canada Updating its Controls Over Exports and Technology Transfers

by John Boscariol on 2/15/2013

The Canadian government has announced a number changes to Canada’s Export Control List (ECL), which sets out the goods, services and technology subject to export and technology transfer controls that include permit and...more

A Closer Look at the Griffiths Energy Case: Lessons and Insights on Canadian Anti-Corruption Enforcement

by John Boscariol on 2/14/2013

On January 25, 2013, the Alberta Court of Queen’s Bench approved a $10.35 million penalty against Griffiths Energy International Inc. (Griffiths) for a violation of the Corruption of Foreign Public Officials Act1 (CFPOA) in...more

Getting the Deal Through – Cartel Regulation 2013: Global Overview and United States

by Peter Carney, Martin Toto | White & Case LLP on 2/8/2013

Global Overview: Continued aggressive cartel enforcement in 2012 Authorities around the world continued to vigorously enforce cartel law in 2012. Total fines increased in many jurisdictions, and authorities around the...more

Significant CFPOA Amendments Proposed to Strengthen Canada’s Anti-Corruption Regime

by John Boscariol on 2/7/2013

On February 5, 2013 Bill S-14, the Fighting Foreign Corruption Act was introduced in Canada’s Senate. It proposes the most significant amendments to the Corruption of Foreign Public Officials Act (CFPOA) since it came into...more

Understanding & Mitigating Third Party Corruption Risk Under Canada’s Corruption of Foreign Public Officials Act

by John Boscariol on 1/31/2013

The use of third party agents in international operations or business development, whether consultants, sales representatives, customs brokers, contractors or distributors, is often unavoidable. This may be because the...more

Criminal Antitrust Update - January 2013

by Andrew Friedman | Patton Boggs LLP on 1/21/2013

In This Issue: - INDUSTRY SCORECARD - Technology: An executive of AU Optronics Corp. (“AUO”) was convicted of price-fixing in the LCD flat screen markets in a re-trial. Steven Leung was involved in the sale of LCD...more

ACCC Takes Enforcement Action Against Manufacturers of Car Parts for Alleged Cartel Conduct

by Murray Deakin, Sylvia Ng | K&L Gates LLP on 1/9/2013

The latest Australian Competition and Consumer Commission (ACCC) cartel enforcement action involves the institution of civil proceedings in the Federal Court in Adelaide against Japanese company Yazaki Corporation (Yazaki) as...more

New Competition Regulation in the United Arab Emirates - Considerations for Commercial Practices and Transactions

by King & Spalding on 1/8/2013

This briefing identifies the types of practices and transactions in which domestic competition law might be relevant to doing business in the United Arab Emirates (the UAE) in light of the new federal competition law set to...more

Banks Take It On The Chin

by Michael Volkov on 1/4/2013

The end of the year was very tough for global banks. For months significant enforcement actions were expected in the ongoing LIBOR manipulation probe and anti-money laundering and sanctions violations probes....more

Latest LCD Criminal Conviction - Stephen Leung Of AUO Convicted On Retrial

by James L. McGinnis | Sheppard Mullin Richter & Hampton LLP on 12/21/2012

After a 3-week trial and less than 24 hours of deliberation, a federal jury in San Francisco convicted Mr. Stephen Leung of AUO of one felony count of price-fixing in violation of Section 1 of the Sherman Act. He was charged...more

2012 DOJ Criminal Antitrust Results Show Increased Risk For International Businesses And Employees

by Jeremy D. Frey | Pepper Hamilton LLP on 12/17/2012

The holidays have come early for the Department of Justice’s Antitrust Division. The new fiscal year 2012 statistics for the Division’s accomplishments have been released. The statistics reveal that the Division’s criminal...more

The International Comparative Legal Guide to: Cartels & Leniency 2013, 6th Edition: Chapter 9: CANADA

by Susan Paul | Dentons on 12/13/2012

1 The Legislative Framework of the Cartel Prohibition: 1.1 What is the legal basis and general nature of the cartel prohibition, e.g. is it civil and/or criminal? The legal basis of cartel prohibition in Canada...more

FOREIGN CORRUPTION RISK MITIGATION: THE IMPORTANCE OF RECENT US FCPA GUIDANCE TO CANADIAN COMPANIES

by John Boscariol on 11/26/2012

Over the last year and a half, Canadian corporate culture has been undergoing significant change in response to new and vigorous enforcement of the Corruption of Foreign Public Officials Act (CFPOA) by the Royal Canadian...more

Recent Cartel Developments

by K&L Gates LLP on 11/12/2012

This Alert summarises two significant recent developments in UK cartel law. The first development relates to the right of third parties to bring damages claims against the participants in a cartel, specifically the time...more

Price-Fixing Cartels: China Crackdown Continues

by McDermott Will & Emery on 11/1/2012

Several major actions taken against price-fixing cartels by China’s enforcement authorities in the last year have sent a clear message that this is not a temporary campaign. It is a new reality. ...more

EU Competition Compliance Program Implications for U.S. Companies

by Foley & Lardner LLP on 10/24/2012

Acting to rid European Union markets of restrictive trade practices like seemingly endemic industrial cartels, the European Commission has long sought to employ an arsenal of weapons to deter violations of European...more

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Antitrust & Trade Regulation › Criminal Law › Commercial Law & Contracts