Welcome to Juntos, our bulletin that explores antitrust and competition developments across US-Latin America. In this issue, we look at key headlines from the third quarter of 2025. Argentina- CNDC concludes first part of...more
The UK’s Competition and Markets Authority (“CMA”) has updated its guidance on leniency and no-action applications in cartel investigations. The new guidance came into force on 28 October 2025, following a public consultation...more
The UK Competition and Markets Authority (CMA) has finalised changes to its leniency regime following a public consultation earlier this year. Revised guidance, effective from 28 October 2025, aims to update and streamline...more
The European Court of Justice has clarified that leniency statements and settlement submissions to competition authorities may be shared with national prosecutors, but only if doing so does not undermine the effectiveness of...more
Signaling a more aggressive approach to criminal antitrust enforcement, DOJ’s Antitrust Division is ramping up its first-ever whistleblower rewards program in partnership with the USPS and the USPS OIG, launched in July 2025,...more
The Trump Administration’s handling of antitrust enforcement issues is generally viewed as a wild-card — meaning there are issues of concern or focus that may not fit the “traditional” antitrust enforcement model. Depending...more
The Whistleblower Rewards Program is implemented in partnership with the USPIS and USPS OIG and is intended to strengthen the DOJ’s ability to detect and prosecute both antitrust violations and related offenses....more
"Competition forces you to evolve. When everything is easy, you don't improve". ― Rafael Nadal Parera, 1st Marquis of Llevant de Mallorca Introduction - Over the past two decades, Spain's competition enforcement journey...more
On July 8, 2025, the Department of Justice, Antitrust Division (“Antitrust Division”) announced that it is creating the Antitrust Whistleblower Rewards Program (the “Whistleblower Program”) in partnership with the U.S. Postal...more
The Department of Justice Antitrust Division (DOJ Antitrust Division) has announced that it is launching a Whistleblower Rewards Program that will offer monetary awards to individuals who report antitrust crimes. The new...more
Cartel conduct tends to occur in secret. As a result, the Antitrust Division has long focused on augmenting its abilities to identify conspiracies and to incentivize self-reporting of conduct that may otherwise go undetected....more
On 29 April 2025, the UK’s Competition and Markets Authority (“CMA”) launched a consultation inviting views on proposed changes to its guidance on applications for leniency and no-action in cartel cases (the “Consultation”)....more
The Department of Justice recently celebrated the fifth anniversary of its Procurement Collusion Strike Force (PCSF), and all signs point to the PCSF continuing to be a Division priority into 2025 and beyond....more
The US Department of Justice’s (DOJ) Antitrust Division recently updated its guidance explaining how it currently evaluates, and will evaluate going forward, companies’ antitrust compliance programs when making criminal...more
The US Department of Justice (DOJ)'s Antitrust Division recently updated its guidance on the evaluation of corporate compliance programs for criminal antitrust violations (the Antitrust ECCP), which federal prosecutors use to...more
Latham’s Antitrust & Competition Practice provides insight on the current state of enforcement, including more expansive views of what constitutes a cartel, enhanced detection tools, and what to expect next....more
The 2024 ABA/IBA International Cartel Workshop in Barcelona, Spain just wrapped up after three days full of demonstrations around a cartel hypothetical, substantive panels, and discussions with cartel enforcement officials...more
The Antitrust Division of the Department of Justice has quietly made a change to its Leniency Policy and Procedures (the “Leniency Policy”) that could impact companies involved in transactions that discover potential...more
The subject of corporate leniency as a tool for combating criminal conduct seems to be top of mind for federal prosecutors. In the last few months, the Deputy Attorney General, Lisa Monaco, and senior enforcers in the...more
Am 24. Oktober 2022 hat die Europäische Kommission („Kommission“) eine neue Handreichung veröffentlicht, die ihre Kronzeugenregelung für Kartellverfahren ergänzt. Das Dokument ist im FAQ-Format („Frequently Asked Questions“)...more
On October 25, 2022, the European Commission (EC) published additional guidance on cartel leniency applications, in the form of Frequently Asked Questions (FAQs). The FAQs do not change the standard for leniency applications...more
Since the last edition of the QCC, there has been a series of dramatic developments in the criminal antitrust enforcement space in the U.S. from the Department of Justice’s Antitrust Division (Division)....more
Earlier this month, on the eve of the ABA Antitrust Spring Meeting, the Department of Justice Antitrust Division rolled out significant updates to its Leniency Program, most readily discernible through an augmented,...more
The U.S. Department of Justice (DOJ) recently revised its Antitrust Division Leniency Policy and Procedures and has published updated guidance in the form of FAQs...more
The DOJ Antitrust Division recently announced new requirements for DOJ's Leniency Program, which allows the first individual or company to self-report its involvement in an antitrust conspiracy to avoid prosecution and lessen...more