Spotlight on Antitrust: Asia Edition

In this issue:

- The U.S. DOJ Secures Two Extraditions of Foreign Nationals on Antitrust Charges: Who Is Next?

- U.S. Circuit Courts Limit Reach of Sherman Act Against Asian Cartel

- Mark Rosman, Partner at Wilson Sonsini Goodrich & Rosati and Former Lead Prosecutor with the DOJ, Testifies Before the United States Senate on Cartel Enforcement

- Excerpt from The U.S. DOJ Secures Two Extraditions of Foreign Nationals on Antitrust Charges: Who Is Next?:

On April 4, 2014, the Antitrust Division of the United States Department of Justice (DOJ) announced that it successfully secured the extradition of an Italian national for his alleged role in a marine hose bid-rigging conspiracy—its first-ever extradition of a foreign national based solely on antitrust charges. The DOJ alleged that Romano Pisciotti, a former executive with Parker ITR SRL, a marine hose manufacturer based in Veniano, Italy, entered into an agreement to allocate shares of the marine hose market, to fix prices for marine hose, and to not compete for customers through submitting intentionally high prices or bids or not bidding at all. On April 24, 2014, the DOJ announced that Mr. Pisciotti pleaded guilty, and he was sentenced to serve two years in prison.

Please see full newsletter below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Wilson Sonsini Goodrich & Rosati | Attorney Advertising

Written by:


Wilson Sonsini Goodrich & Rosati on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.