In this issue: Global Cartel Enforcement Heather Irvine, Sep 30, 2008 Amendments to the South African Competition Act he South African Department of Trade and Industry (“DTI”) has proposed significant amendments to the South African Competition Act (“Act”). These amendments focus on the powers of the Competition Commission (“Commission”) to investigate and prosecute prohibited practices […]

This article is part of a Chronicle. See more from this Chronicle Donald Klawiter, Sep 30, 2008 These are dangerous times for corporate executives. In times of economic downturn and financial dislocation, the temptation for corporate executives to embrace a short-term fix to raise prices and allocate markets is almost irresistible. An historical review of […]

This article is part of a Chronicle. See more from this Chronicle Bob Baxt, Gillian McKenzie, Sep 30, 2008 Historically cartel behavior in Australia has been subject to a civil penalty regime under the Trade Practices Act 1974 (“the Act”). Since the 1974 enactment of the legislation, price fixing and similar anticompetitive contracts, arrangements, or […]

This article is part of a Chronicle. See more from this Chronicle Heather Irvine, Sep 30, 2008 The South African Department of Trade and Industry (“DTI”) has proposed significant amendments to the South African Competition Act (“Act”). These amendments focus on the powers of the Competition Commission (“Commission”) to investigate and prosecute prohibited practices by […]

This article is part of a Chronicle. See more from this Chronicle Peter Camesasca, Ief Daems, Kristian Hugmark, Sep 08, 2008 In the European Commission (“Commission”)’s mind, the 2008 Settlement Notice (new Notice) is an attempt to create significant procedural efficiencies and avoid resource absorbing access-to-file and other costly procedures before the Luxembourg Courts. As […]

This article is part of a Chronicle. See more from this Chronicle Fabio Falconi, Nicole Kar, Sep 30, 2008 The detection and prosecution of cartels continues to be a key competition enforcement priority of the European Commission (“Commission”) and continues to grab headlines. In 2007 the Commission imposed the highest cartel fines in its history […]

This article is part of a Chronicle. See more from this Chronicle Dan McInnis, Sep 30, 2008 Change may be the catchphrase of this year’s U.S. election cycle, but continuity will be the reality for U.S. cartel enforcement. Regardless of whether Republican Senator John McCain or Democratic Senator Barack Obama wins the election in November, […]

This article is part of a Chronicle. See more from this Chronicle John M. Connor, Sep 30, 2008 The purpose of this article is to assess the efforts of the U.S. Department of Justice’s Antitrust Division (“DOJ”) to detect and penalize criminal price fixing, which is nearly equivalent to prosecutions of hard-core cartel conduct. To […]

This article is part of a Chronicle. See more from this Chronicle Joseph Hur, Paul Rhee, Sep 29, 2008 As a result of its rapid development during the last five to six years, the Korea Fair Trade Commission (“KFTC”) has been highly assessed and recognized by international antitrust practitioners. Its mission is to enforce the […]