While algorithmic pricing has been used in many industries for decades, the rapid development of artificial intelligence (AI) technology has led antitrust enforcers—including federal agencies and state attorneys...more
In 2023, cartel fines in key jurisdictions increased by 7.7%—totaling $1.4 billion—compared to 2022. While the totals remain significantly below the peaks seen in the mid-2010s, 2023 saw record fines imposed in several...more
The Federal Trade Commission’s (FTC’s) January 5, 2023, notice of proposed rulemaking would ban businesses from entering into and maintaining noncompete clauses with workers. In this LawFlash, we answer several frequently...more
Despite the challenges of an unprecedented global pandemic, cartel enforcement activity in 2020 increased in many leading enforcement jurisdictions. Corporate fines, for example, more than doubled from 2019 in the United...more
Potentially impacting the reach of US antitrust enforcement, the Court will determine standards to apply in considering a foreign government's legal statement concerning the interpretation of its domestic law in price fixing...more
Fines significantly down, several enforcement firsts and a strong pipeline of new, mainly domestic cartel cases around the world....more
7/26/2017
/ Automotive Industry ,
Brazil ,
Cartels ,
Compliance ,
Cooperation Agreement ,
Corporate Counsel ,
Corporate Fines ,
Criminal Penalties ,
Dawn Raids ,
EU ,
Extradition ,
Financial Services Industry ,
Fines ,
FTAIA ,
India ,
Peru ,
Pharmaceutical Industry ,
Real Estate Market ,
UK ,
UK Brexit ,
Whistleblowers
Authorities launched new criminal probes, obtained guilty pleas from companies and executives and imposed hefty fines as aggressive enforcement continued.
Several significant developments occurred in cartel enforcement...more
1/18/2017
/ Africa ,
Antitrust Litigation ,
Asia ,
Australia ,
Benchmarks ,
Brazil ,
Canada ,
Cartels ,
Corporate Counsel ,
Corporate Fines ,
Criminal Penalties ,
Dawn Raids ,
Department of Justice (DOJ) ,
Enforcement ,
EU ,
Guilty Pleas ,
Middle East ,
No-Poaching ,
Pharmaceutical Industry ,
Prison ,
Sherman Act ,
Wage and Hour ,
Wage-Fixing
Cartel enforcement activity promises to remain busy In the coming months and into 2017
Cartel enforcement remains a priority for competition authorities around the world. Global cartel fines totaled more than $6...more
9/13/2016
/ Algorithms ,
Asia ,
Canada ,
Cartels ,
Colombia ,
Competition ,
Compliance ,
Corporate Counsel ,
Department of Justice (DOJ) ,
Enforcement ,
Enforcement Authority ,
EU ,
European Commission ,
Extradition ,
Fines ,
Foreclosure ,
Foreign Exchanges ,
Germany ,
India ,
Italy ,
Pharmaceutical Industry ,
Real Estate Market ,
Russia ,
Sherman Act ,
Shipping ,
Spain ,
Subpoenas ,
Yates Memorandum ,
Young Lawyers