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 billion through August, putting 2016 on pace to meet or exceed last year’s annual total. Fines in the United States were lower in the first part of 2016 than they were in the same period of 2015, based largely on the absence this year of a case approaching the size of the fines handed down by the US Department of Justice (USDOJ) in connection with the foreign exchange investigation in 2015. There were still, however, several substantial fines imposed in connection with the ongoing auto parts, shipping, and capacitors investigations.
Please see full publication below for more information.
