Global: Despite slow start, global cartel fines likely to reach 2012 numbers, says A&O
Despite what law firm Allen & Overy describes as a “slow start” to fines issued by some of the largest antitrust enforcers in the world, the firm predicts that the second half of 2013 will likely see a jump in issued fines. A&O noted that more than $658 million in fines have been issued so far by regulators within the US, Brazil and Canada – a number not quite promising to reaching similar levels in 2012, which hit $5.26 billion by the end of the year. Still, said the firm, regulators are likely going to pick up their issuance of fines due to cases like LIBOR.
Full Content: The Lawyer
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI