Posted by Social Science Research Network
Why Did They Cross the Pacific? Extradition: A Real Threat to Cartelists?– Yoshiya Usami (American Antitrust Institute)
Abstract: On January 31, 2014, the DOJ added trophies to its list of achievements from the more than three-year long investigation into the auto parts cartels. A former president and a vice president of a Japan-based corporation agreed to plead guilty for their participation in a conspiracy to fix the price of auto parts. Including these two individuals, the DOJ has already brought charges against twenty six corporations and twenty nine individuals, most of whom are Japanese nationals. For reasons described in this paper, some Japanese antitrust practitioners are puzzled by this U.S. enforcement against Japanese nationals. Extradition to the U.S. may not have been a real threat. Nonetheless, more than twenty Japanese executives and employees decided to leave Japan to serve prison terms in the U.S. Why did they choose to cross the Pacific? How functional is the DOJ’s extradition tool? This Working Paper focuses on a relatively unfamiliar area for the antitrust community: the usefulness of extradition in the context of cartel enforcement against Japanese nationals who have not voluntarily surrendered to the U.S. jurisdiction.
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