On February 2, 2021, the Federal Trade Commission (FTC), the agency charged with administering premerger notification requirements under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”), announced...more
The Antitrust Division of the Department of Justice (“DOJ”) recently announced its first-ever criminal wage-fixing prosecution. The DOJ likely intends this case to be a wake-up call to companies, executives, and HR...more
Despite the ongoing coronavirus (COVID-19) pandemic, the work of antitrust enforcers has continued largely uninterrupted in the second half of 2020. The Department of Justice Antitrust Division (the “Division”) has announced...more
11/3/2020
/ Bid Rigging ,
Confidential Information ,
Criminal Antitrust Litigation ,
Cross-Border ,
Department of Justice (DOJ) ,
DPA ,
FBI ,
Federal Trade Commission (FTC) ,
Financial Institutions ,
Market Allocation Scheme ,
Price-Fixing
The following is an excerpt from “Quarterly Cartel Catch-Up: Recent Developments in Criminal Antitrust for Busy Corporate Counsel ? 2nd Quarter 2020.”
Division Continues Increased Focus on Procurement Collusion, Presents...more
Throughout the first half of 2020, much of the world has grappled with the reality of the coronavirus (COVID-19) pandemic, as the outbreak spread rapidly across entire countries and shut down large segments of the global...more
7/7/2020
/ ACPERA ,
Antitrust Provisions ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
DPA ,
Pharmaceutical Industry ,
Price-Fixing ,
Remote Working ,
UK ,
UK Competition and Markets Authority (CMA) ,
Whistleblower Protection Policies
As much of the U.S. battles COVID-19 by self-quarantining, others fight on the front lines by providing healthcare services, maintaining supply chains, and keeping America safe and fed. On April 13, the Department of Justice,...more
As the coronavirus (COVID-19) outbreak continues to unfold, antitrust enforcement agencies worldwide continue to adapt their policies and enforcement, balancing the need to be more permissive about corporations collaborating...more
As the coronavirus disease (COVID-19) outbreak continues to unfold, entire governments, economies, businesses, and countries are being adversely affected. The World Health Organization reports that there are “still many...more
In response to COVID-19, collaboration and cooperation among competitors in various forms may be beneficial to society. While businesses must remember that antitrust and competition laws continue to apply and take care to...more
On February 11, 2020, the Department of Justice (DOJ) submitted its budget request to Congress for fiscal year 2021, which includes a 13% increase in funding for the Antitrust Division. Overall, the Division is requesting a...more
On February 11, the Federal Trade Commission (FTC) announced that it issued Special Orders to five large technology companies requiring them to submit information related to their acquisitions during the past decade that were...more
On January 28, 2020, the U.S. Federal Trade Commission (FTC), the agency charged with administering the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”), as amended, and its filing requirements, announced...more
Less than two weeks after being extradited from Italy to the United States, Maria Christina “Meta” Ullings, former senior vice president of air cargo sales and marketing for Martinair N.V. and a Dutch national, pleaded guilty...more
On January 10, 2020, the Federal Trade Commission (FTC) and Department of Justice (DOJ) issued draft Vertical Merger Guidelines for public comment. The draft guidelines outline potential theories of harm, the analytical...more
On November 5, 2019, the Department of Justice (DOJ) announced the creation of a new Procurement Collusion Strike Force (PCSF) focused on deterring, detecting, investigating, and prosecuting antitrust crimes, especially...more
Below we summarize significant cartel enforcement developments from U.S. and other antitrust enforcers in recent months, including: the Department of Justice Antitrust Division’s (the “Division”) review of its International...more
11/1/2019
/ Antitrust Division ,
Australia ,
Cartels ,
Competition ,
Corporate Counsel ,
Criminal Antitrust Litigation ,
Department of Justice (DOJ) ,
EU ,
Guilty Pleas ,
Indonesia ,
Japan ,
Mergers ,
New Zealand ,
Portugal ,
Price-Fixing
Antitrust scrutiny of technology companies in the United States has reached an unprecedented level of intensity. In the last several months alone, (1) the U.S. Department of Justice (DOJ) Antitrust Division and the Federal...more
Below, we summarize significant cartel enforcement developments from U.S. and other antitrust enforcers in recent months, including the significant change to longstanding policy by the Department of Justice (DOJ) Antitrust...more
7/31/2019
/ Anti-Competitive ,
Antitrust Division ,
Antitrust Litigation ,
Bid Rigging ,
Cartels ,
Competition Authorities ,
Compliance ,
Deferred Prosecution Agreements ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Fraud ,
Libor ,
New Guidance ,
Whistleblowers
We summarize below some of the most significant cartel enforcement developments from U.S. and other antitrust enforcers, including policy shifts, investigations, case filings, and court rulings. This report summarizes...more
3/19/2019
/ Antitrust Division ,
Bid Rigging ,
Cartels ,
Competition ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
EU ,
Guilty Pleas ,
Italy ,
Japan ,
Libor ,
No-Poaching ,
Popular ,
Sports
On December 6, 2018, the Federal Trade Commission (FTC) held the latest in its series of 10 public Hearings on Competition and Consumer Protection in the 21st Century, examining the antitrust implications of “common...more
On December 6, 2018, the FTC announced that James Dolan, Executive Chairman and CEO of The Madison Square Garden Company (MSG), agreed to pay a $609,810 civil penalty to settle charges brought by the Federal Trade Commission...more
Antitrust Division Renews Focus on Seeking Civil Damages for Antitrust Violations Harming Government -
On November 14, 2018, the U.S. Department of Justice’s Antitrust Division (the “Division”) announced global settlements...more
To provide a quick overview of developments in criminal antitrust investigations and prosecutions, in the U.S. and globally, we summarize below some of the most significant Department of Justice (“DOJ”) announcements, policy...more