News & Analysis as of

Antitrust Division Bid Rigging Fraud

DLA Piper

Federal Investigators Continue Their Focus on Procurement

DLA Piper on

A flurry of federal prosecutorial activity in late 2024, as well as a statement from several institutional stakeholders in a key federal initiative to combat procurement fraud, provided a valuable reminder for government...more

Skadden, Arps, Slate, Meagher & Flom LLP

Recent Federal Prosecution Highlights Risks of Receiving Competitors’ Confidential Information From a Customer

On September 30, 2024, the DOJ announced that Siemens Energy, Inc., pleaded guilty to a federal fraud charge and agreed to pay a $104 million fine for rigging a bid by using rivals’ bidding information wrongfully obtained...more

The Volkov Law Group

Contech Engineered Pleads Guilty and Agrees to Pay $8.5 Million for Bid-Rigging and Fraud

The Volkov Law Group on

The Antitrust Division has pushed bid-rigging and price-fixing prosecutions of government contractors.  It is long overdue – fraud enforcement has uncovered a number of bid-rigging and price-fixing schemes among government...more

Morrison & Foerster LLP

Quarterly Cartel Catch-Up: Recent Developments In Criminal Antitrust For Busy Corporate Counsel – 1st Quarter 2021

A new year, a new administration in the United States, and new cartel enforcement leadership in the United Kingdom have begun. In the United States, first-of-their-kind criminal charges have been brought involving labor and...more

Dorsey & Whitney LLP

DOJ Puts Recipients of Federal Funds on Notice: New “Procurement Collusion Strike Force” to Focus Antitrust Scrutiny on Public...

Dorsey & Whitney LLP on

The Justice Department announced this week the formation of a new Procurement Collusion Strike Force, which will focus on “deterring, detecting, investigating and prosecuting antitrust crimes, such as bid-rigging conspiracies...more

Morrison & Foerster LLP

Quarterly Cartel Catch-Up: Recent Developments in Criminal Antitrust for Busy Corporate Counsel - July 2019

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

Hogan Lovells

U.S. Department of Justice foreshadows criminal investigations into antitrust violations in public procurement

Hogan Lovells on

Japanese companies involved in U.S. public procurement should be aware: The Department of Justice (DOJ) Antitrust Division (Division) has publicly announced that it is prioritizing investigations of criminal antitrust...more

Hogan Lovells

A new target: The Antitrust Division focuses on criminal antitrust violations in public procurement

Hogan Lovells on

The Antitrust Division (Division) has recently prioritized the investigation and prosecution of criminal antitrust violations involving public procurement. ...more

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