In 2023, cartel fines in key jurisdictions increased by 7.7%—totaling $1.4 billion—compared to 2022. While the totals remain significantly below the peaks seen in the mid-2010s, 2023 saw record fines imposed in several...more
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
While the global pandemic that began in 2020 continued throughout 2021, cartel enforcement activity increased among a number of leading enforcement jurisdictions. Overall, global fines in 2021 were up by 229 percent compared...more
1/5/2022
/ Anti-Monopoly ,
Antitrust Investigations ,
Antitrust Provisions ,
Cartels ,
Competition ,
Competition Authorities ,
Coronavirus/COVID-19 ,
Department of Justice (DOJ) ,
Enforcement Actions ,
EU ,
European Commission ,
Fines ,
Mergers
Despite the challenges of an unprecedented global pandemic, cartel enforcement activity in 2020 increased in many leading enforcement jurisdictions. Corporate fines, for example, more than doubled from 2019 in the United...more
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Global cartel fine totals rebounded somewhat in 2019, approaching historical norms following two years of sharply lower fine levels.
The $6.1 billion total is the highest global fine level since 2016. Most of the increased...more
3/2/2020
/ Africa ,
Antitrust Provisions ,
Antitrust Violations ,
Asia ,
Cartels ,
Competition ,
Criminal Investigations ,
Criminal Prosecution ,
Deferred Prosecution Agreements ,
Enforcement Actions ,
EU ,
Fines ,
South America
At $3.6 billion, worldwide cartel fines in 2018 decreased by 17%, down from $4.2 billion in 2017, even though antitrust enforcers around the world continued to impose significant penalties.
These developments—as well as...more
Fines significantly down, several enforcement firsts and a strong pipeline of new, mainly domestic cartel cases around the world....more
7/26/2017
/ Automotive Industry ,
Brazil ,
Cartels ,
Compliance ,
Cooperation Agreement ,
Corporate Counsel ,
Corporate Fines ,
Criminal Penalties ,
Dawn Raids ,
EU ,
Extradition ,
Financial Services Industry ,
Fines ,
FTAIA ,
India ,
Peru ,
Pharmaceutical Industry ,
Real Estate Market ,
UK ,
UK Brexit ,
Whistleblowers
Authorities launched new criminal probes, obtained guilty pleas from companies and executives and imposed hefty fines as aggressive enforcement continued.
Several significant developments occurred in cartel enforcement...more
1/18/2017
/ Africa ,
Antitrust Litigation ,
Asia ,
Australia ,
Benchmarks ,
Brazil ,
Canada ,
Cartels ,
Corporate Counsel ,
Corporate Fines ,
Criminal Penalties ,
Dawn Raids ,
Department of Justice (DOJ) ,
Enforcement ,
EU ,
Guilty Pleas ,
Middle East ,
No-Poaching ,
Pharmaceutical Industry ,
Prison ,
Sherman Act ,
Wage and Hour ,
Wage-Fixing
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...more
9/13/2016
/ Algorithms ,
Asia ,
Canada ,
Cartels ,
Colombia ,
Competition ,
Compliance ,
Corporate Counsel ,
Department of Justice (DOJ) ,
Enforcement ,
Enforcement Authority ,
EU ,
European Commission ,
Extradition ,
Fines ,
Foreclosure ,
Foreign Exchanges ,
Germany ,
India ,
Italy ,
Pharmaceutical Industry ,
Real Estate Market ,
Russia ,
Sherman Act ,
Shipping ,
Spain ,
Subpoenas ,
Yates Memorandum ,
Young Lawyers
Global Competition Agencies Continue To Aggressively Enforce Cartel Laws -
Although some major US Department of Justice (DOJ) investigations are ending, increased international cooperation and new probes confirm...more