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Global Antitrust Enforcement Report - March 2026

Global antitrust enforcement in 2025 was both tough and balanced. The headline figure tells one story: total fines in the jurisdictions surveyed in our report rose again to USD 7.7 billion, the highest since 2021. But the...more

Regional Snapshots For Antitrust Enforcement Fines In 2025

A visual breakdown of the geographical trends in antitrust enforcement fines around the world. ...more

Private Damages Activity Continues To Escalate Across Key Jurisdictions

Across key jurisdictions, the “gatekeeping” phase in collective redress—whether certification or collective authorization—continues to define who gets into court and on what terms, with materially different thresholds shaping...more

Spotlight On Procedural Compliance

Incomplete responses, inaccurate information, obstruction and other procedural missteps attracted significant regulatory attention and penalties in 2025. We saw regulators, including in the EU, China, and the U.S., step up...more

Beyond Fines, “Soft Enforcement” Rises

In 2025, regulators across many jurisdictions showed an increased appetite to utilize so-called “soft enforcement” tools, often employing novel approaches to ensure their enforcement objectives were met....more

Consumer And Policy Objectives Underpin Enforcement In Key Sectors

A key theme of antitrust enforcement throughout 2025 has been a distinct focus on strategic sectors identified as critical for economic growth and supply chain resilience. As individuals and governments alike seek to reduce...more

Global Antitrust Enforcement Report Published

Our latest Global antitrust enforcement report offers an insightful analysis of the current state and future trajectory of antitrust enforcement worldwide, based on analysis of enforcement data from over 30 jurisdictions....more

Antitrust Authorities Target Both Exploitative And Exclusionary Abuses Of Dominance

In Europe, abuse of dominance fine volumes stayed steady in 2025 as antitrust authorities imposed financial penalties and crafted tailored commitments to remedy concerns. Globally, there was continued scrutiny of Big Tech. ...more

Fines For Vertical Conduct Violations Drop Despite Continued RPM Vigilance

Overall, the level of fines imposed for vertical and other non-cartel conduct violations decreased six-fold in 2025, with the number of infringement decisions halved. This decline followed a standout year of elevated...more

Global Cartel Fines Surge To Highest Level Since 2021

Global cartel fines totaled USD3.3 billion in 2025. This was a significant increase on 2024 (USD602.5 million) and 2023 (USD1.9bn) and represented the highest annual total since 2021 (USD4.0bn). ...more

Politics Shapes Evolving Global Antitrust Enforcement Landscape

Global antitrust enforcement in 2025 was both tough and balanced. The headline figure tells one story: total fines in the jurisdictions surveyed in our report rose again to USD 7.7 billion, the highest since 2021. But the...more

UK Antitrust Regime Set For Further Reform As Government Pushes Growth Agenda

The UK government is consulting on highly anticipated amendments to the antitrust legislative framework. Its proposals are aimed at delivering economic growth by supporting the Competition and Markets Authority (CMA)’s 4Ps...more

A more flexible approach? CMA issues revised merger remedies guidance

At the end of what was a transformational year for UK merger control policy, the UK Competition and Markets Authority (CMA) published revised guidance on its approach to merger remedies (Revised Guidance). The upshot: the CMA...more

Crackdown on online selling practices: CMA launches eight consumer enforcement cases

The UK Competition and Markets Authority (CMA)’s strengthened consumer protection powers took effect in April 2025. For the first time, the CMA gained direct powers to determine breaches of consumer law and impose potentially...more

A (Provisionally) More Flexible Approach? CMA Consults on Revised Merger Remedies Guidance

On October 16, 2025, the UK Competition and Markets Authority (CMA) launched a consultation on draft revised guidance on its approach to merger remedies (Draft Guidance). The upshot: a more flexible approach is on the cards,...more

UK National Security and Investment Act: reducing red tape?

The UK government has published its latest annual report on the functioning of the UK’s investment screening regime under the National Security and Investment Act 2021 (NSIA) as well as announcing its intention to reduce...more

UK merger control to see faster reviews and clarified jurisdictional tests

The Competition and Markets Authority (CMA) has launched a consultation on proposed changes to its mergers guidance on jurisdiction and procedure (CMA2) and its mergers notice template....more

UK government emphasises CMA’s independence while steering it to support UK growth and investment

The UK government has issued the final version of its “strategic steer” to the Competition and Markets Authority (CMA), directing the authority to act in a way that prioritises growth and encourages investment in the...more

EU leads global charge as abuse of dominance cases target Big Tech

2024 saw a significant increase in the total fines imposed in abuse of dominance cases compared to 2023, reversing a trend of decline in recent years. The rise in fine volumes was spread across all regions of the world, with...more

EU penalizes RPM and other vertical conduct violations

The level of fines imposed for infringements relating to vertical and other non-cartel conduct increased ten-fold in 2024, reversing a trend of decline in recent years. This rise can be attributed in part to the overall...more

Global immunity and leniency activity sees little uptick in 2024

Overall, the number of immunity/leniency cases decided in 2024 (21) was broadly in line with 2023 (19) and 2022 (18). While certain antitrust authorities anecdotally continue to highlight the impact of leniency programs on...more

Antitrust authorities intensify digital market regulation

Digital regulation continues to be at the forefront of regulator concerns, as authorities focus on technology companies through traditional antitrust tools and new digital markets regimes. Further legislation and guidance is...more

Antitrust regulators diverge on treatment of sustainability

In 2024, regulators across the globe increasingly acknowledged the need for a nuanced enforcement approach to balancing support for sustainability initiatives against traditional antitrust enforcement and countering the risk...more

Global cartel fines see dramatic drop

Overall, global fines for cartel activity in 2024 (USD602.5 million) were the lowest recorded for several years, and significantly lower than the 2023 total (USD1.9billion). Unlike in previous years, 2024 saw relatively few...more

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