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Cartels Antitrust Violations

Morrison & Foerster LLP

Quarterly Cartel Catch-Up: 2024 Mid-Year Global Review

At the mid-year point, 2024 is shaping up to be an eventful year in cartel enforcement. In the United States, the U.S. Department of Justice (DOJ)’s Antitrust Division (Division) enjoyed two significant victories and finally...more

Morrison & Foerster LLP

Full Steam Ahead for Cartel Enforcement in 2024

As anticipated, cartel enforcement is ramping up at the start of 2024 and investigations relating to artificial intelligence (AI) are taking center stage. Leadership of both the broader Department of Justice (DOJ) and the...more

Axinn, Veltrop & Harkrider LLP

Conspiracy Theories Newsletter, 2024 Edition: Eight Predictions for the Future of Cartel Enforcement

2023 was a dramatic year for criminal antitrust enforcement in the United States. The Antitrust Division of the U.S. Department of Justice (“DOJ”) garnered big wins: three convictions at trial,1 $267 million in criminal fines...more

Morgan Lewis

Global Cartel Enforcement Report 2022

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With a couple of notable exceptions, cartel fines were lower in most jurisdictions in 2022 than in the prior year—and well below historical norms. Fines in the United States—long the leader in cartel enforcement—were lower...more

Eversheds Sutherland (US) LLP

Competition authorities crackdown on employment markets: a new era for cartels

At the end of last year, the US Department of Justice (DOJ) secured a guilty plea for wage fixing, resulting in its first criminal conviction with Assistant Attorney General Jonathan Kanter saying: “[t]oday’s guilty plea...more

Dorsey & Whitney LLP

After Nearly Fifty Years of Dormancy, Criminal Monopolization Charges Have Returned

Dorsey & Whitney LLP on

​​​​​​​For nearly 50 years, the Antitrust Division of the United States Department of Justice (DOJ) has brought federal criminal charges only for allegations of illegal coordinated behavior among competitors in violation of...more

McDermott Will & Emery

Cartel Corner - August 2022 (Labor Markets)

McDermott Will & Emery on

The DOJ continues its efforts to create a novel area of potential criminal liability for labor market investigations. Historically, government enforcement of alleged anticompetitive labor market practices occurred in the...more

BCLP

Hong Kong Court of Appeal decision on cartel fines imposed on entities within the same undertaking

BCLP on

Competition Commission v W. Hing Construction & others [2022] HKCA 786 (judgment date: 2 June 2022) concerned an appeal from the first Hong Kong judgments concerning pecuniary penalties for contraventions of competition...more

Stikeman Elliott LLP

Canada’s Competition Act Amendments: Making It Riskier to Compete on Price?

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One of the recent amendments to the Competition Act has the potential to seriously chill price competition by leading Canadian businesses....more

Katten Muchin Rosenman LLP

EU Commission Investigates Cartel Breach in Fashion Sector - Katten Kattwalk | Issue 24

For once, it wasn't about Big Tech. The European Commission, the executive branch of the European Union, jolted the fashion sector to attention on May 17 with news of "unannounced inspections" at the premises of industry...more

Hogan Lovells

Cartel damages: Germany, the assignment model and debt collection services – an update

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Germany doesn’t offer claimants a true U.S. or UK style class action regime. Claimants will therefore seek alternative ways to join forces and bundle their claims using the so-called assignment-model as a favoured solution....more

The Volkov Law Group

Antitrust Division Enforcement – As Promised and Being Delivered

The Volkov Law Group on

The Antitrust Division’s Assistant Attorney General Jonathan Kanter promised a new era in antitrust enforcement.  He won bi-partisan support from both Republicans and Democrats.  Across the antitrust field, he promised...more

McDermott Will & Emery

Cartel Corner - March 2022

McDermott Will & Emery on

The US Department of Justice’s (DOJ) Antitrust Division (Division) has continued to actively investigate and pursue alleged criminal violations of antitrust laws and collusive activity in government procurement. US Attorney...more

The Volkov Law Group

CCOs and Criminal Cartel Compliance Programs (Part II of III)

The Volkov Law Group on

Chief compliance officers have plenty of things to do and risks to manage.  CCOs have a unique remit and a set of skills that should be applied whenever needed.  While I am not trying to increase CCO workload (and forgive me...more

Hogan Lovells

Wage Watchers nun auch in Brüssel - EU Kommission nimmt Absprachen im Personalbereich in den Fokus

Hogan Lovells on

Absprachen im Personalbereich rücken zunehmend in den Fokus der Kartellbehörden. EU Wettbewerbskommissarin Margrethe Vestager hat jüngst am 22. Oktober 2021 in einer Rede in Rom ("A New Era of Cartel Enforcement")...more

Hogan Lovells

Bundeskartellamt veröffentlicht neue Leitlinien zu Bußgeldberechnung und Kronzeugenprogramm

Hogan Lovells on

Am 11. Oktober 2021 hat das Bundeskartellamt („BKartA“) zentrale Dokumente für seine Kartellverfolgung aktualisiert und eine Neufassung sowohl seiner Bonusregelung vom 07.03.2006 als auch seiner Bußgeldleitlinien vom...more

The Volkov Law Group

Taro, Sandoz and Apotex Pay $447.2 Million to Settle False Claims Act Liability for Price-Fixing of Generic Drugs

The Volkov Law Group on

The healthcare industry faces cascading risks – one risk flows to another with compounding financial results.  Three generic drug companies just experienced this cascading liability. ...more

The Volkov Law Group

HR and CCOs Watch Out!! — The Antitrust Division Doubles Down on Labor Market Criminal Cartel Activity

The Volkov Law Group on

The Justice Department’s Antitrust Division has targeted collusion in labor markets for criminal prosecution.  This was not unexpected.  Indeed, the Antitrust Division gave plenty of warning to companies that criminal...more

Morrison & Foerster LLP

Quarterly Cartel Catch-Up: Recent Developments In Criminal Antitrust For Busy Corporate Counsel ‒ Summer 2021

More than halfway through the year, 2021 has shaped up to be another busy time for antitrust enforcers. In July, the Biden administration confirmed that antitrust remains a top priority by issuing a sweeping Executive Order,...more

The Volkov Law Group

DOJ Takes Stock of Criminal Cartel Prosecution Program

The Volkov Law Group on

The Justice Department’s Antitrust Division has a long and rich history.  For years, “the Division” as it liked to refer to itself, charted its own path in antitrust enforcement, especially when it comes to criminal...more

Jones Day

JONES DAY TALKS®: Private Antitrust Litigation in Spain

Jones Day on

Jones Day's series on private enforcement actions relating to antitrust matters in Europe turns to significant developments in Spain. Raimundo Ortega and Antonio Canales explain why antitrust actions in Spain have increased,...more

Hogan Lovells

Kartellrechts-Radar Frühling 2021

Hogan Lovells on

Mit unserem Kartellrechts-Radar geben wir Ihnen ein verständliches, auf den Punkt gebrachtes Update an die Hand, damit Sie schnell gut informiert sind. In unserer Frühlings-Ausgabe haben wir folgende Themen aufgegriffen...more

Latham & Watkins LLP

Global Legal Insights: Cartels 2021, 9th Edition - United Arab Emirates

Latham & Watkins LLP on

Overview of the law and enforcement regime relating to cartels - The United Arab Emirates (“UAE”) competition law and enforcement regime is relatively young with just over eight years since Federal Law Number 4 of 2012...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

White & Case LLP

Buyer Beware! ECJ confirms investment companies are liable for competition violations by portfolio companies

White & Case LLP on

The European Court of Justice (the "ECJ") has confirmed1 the EU General Court’s (and the European Commission’s) finding that Goldman Sachs was jointly liable for the conduct of a former subsidiary, Prysmian, which the...more

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