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
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI