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Lessons from LIBOR for Detection and Deterrence of Cartel Wrongdoing

BY | November 28, 2012

Rosa Abrantes-Metz, Daniel Sokol, Nov 28, 2012 In late June 2012, Barclays entered a $453 million settlement with U.K. and U.S. regulators due to its manipulation of the London Interbank…

Rosa Abrantes-Metz, Daniel Sokol, Nov 28, 2012

In late June 2012, Barclays entered a $453 million settlement with U.K. and U.S. regulators due to its manipulation of the London Interbank Offered Rate (Libor) between 2005 and 2009. The Department of Justice (DOJ) Antitrust Division was among the antitrust authorities and regulatory agencies from around the world that investigated Barclays.

We hesitate to draw overly broad conclusions until more facts come out in the public domain. What we note a

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