Antitrust Law | Cartels


Competition authorities worldwide are dialing up their anti-cartel efforts and heightening cross-border collaboration, with synchronized "dawn raids" mounted across jurisdictions. The evidence suggests that companies can expect more of the same—perhaps much more—and that a faster response to indications of concern can mean the difference between amnesty and catastrophic sanctions. The choice of cartel counsel is thus a crucial decision in managing exposure.

Why MoFo?

We combine strong cartel experience in the United States, Europe, and Asia with an integrated global network to provide clients with what they need: anticipation and avoidance before problems arise and—when they do—a rapid, globally coordinated response. Our cartel representation is informed by more than 30 years of experience, including the resolution of cartel proceedings before the U.S. Department of Justice, the European Commission, and authorities in EU member states, Japan, Brazil, Australia, Canada, Korea, and other jurisdictions. The matters we handle include:

  • Agricultural products
  • Air cargo
  • Automotive parts
  • Cathode ray tubes
  • Construction
  • Consumer products
  • Financial services
  • Flat glass and automotive glass
  • Freight forwarding
  • Health care
  • Industrial products
  • Liquid crystal displays
  • Marine hose
 
  • Mining
  • Optical disk drives
  • Paper
  • Petroleum
  • Rechargeable batteries
  • Retail services
  • Road building
  • Smart-card chips
  • Telecommunications
  • Transportation services
  • Utilities
  • Vitamins

Large multinational, domestic, and closely held firms, as well as domestic and foreign individuals, have entrusted their defense to our lawyers.

Cartel Investigations: A High-Risk Landscape

Whether local or international, cartel investigations present a plethora of problems to navigate. Consider these facts: fines in the United States hit about $3.9 billion last year, and the European Commission has already levied fines of more than €2.8 billion in a single year. Foreigners and U.S. residents regularly go to jail in the United States, and prison terms are harsh—the average sentence for cartel-related convictions in the United States peaked at more than two years.

Companies facing international cartel investigations must anticipate enforcement actions not only by the U.S. Department of Justice and/or the European Commission, but also by other antitrust authorities around the world. Jurisdictions such as Canada, Australia, Brazil, Japan, Ireland, Israel, and the UK also have criminal sanctions.

Of course, that's just part of the cost. Companies subject to enforcement efforts face reputational harm, the erosion of shareholder value, and the practical costs of ongoing distraction or loss of senior executives. The inevitable follow-on—complex federal and state litigation—can prolong a company's reputational agony and also have severe economic ramifications. Collateral consequences of a felony indictment can range from financing effects to preclusion from government bidding, from False Claims Act allegations to shareholder derivative suits.

Our Approach

We excel at global coordination. We are familiar with the nuances of the current maze of leniency policies and the unwritten practices of the enforcers. Our lawyers know the private claimants' lawyers and how they approach their claims. Only with this expertise and history can clients understand the strategic options that can minimize overall cost and disruption. Our approach tips the scales in favor of successful outcomes for our clients through strategies that take into account the full complexity of an investigation and its future ramifications.

We always keep our clients' business objectives at the fore as we develop an action plan. We approach cartel investigations holistically and avoid piecemeal solutions. We see little point in stamping out one brush fire if that causes another to flare, potentially sparking a major conflagration.

We believe in a collaborative approach, and work closely and effectively with our clients, our co-counsel, and the relevant individuals to decide on a strategy. When a soft approach makes sense, we are ready to cooperate with enforcers or with claimants. When circumstances call for us to push back, we are ready to push—hard, if necessary—to ensure our clients' best interests are served.

We do not fall back on the path of least resistance. That discipline has allowed us to overcome enforcement actions against our clients even when other defendants in the same case chose to plead guilty or apply for leniency. Our lawyers won one of the rare  corporate antitrust “not guilty” verdicts; obtained exclusion of our clients from EU statements of objections against other industry participants; and succeeded in dismissals of civil actions and denials of class certification.

Preparation/Compliance

We provide services that enable our clients to proactively avoid cartel allegations, including:

  • Practical compliance programs that minimize exposure, comply with fiduciary mandates, potentially mitigate punishment, and maximize peace of mind
  • Preparation for handling surprise raids and other activities undertaken by competition authorities
  • Antitrust audits
  • Early risk/reward analysis of areas of potential concern

U.S. News – Best Lawyers® Best Law Firms 2011-2012
Antitrust Litigation "Law Firm of the Year"



U.S. News – Best Lawyers® Best Law Firms 2013
National: Antitrust Law
National: Litigation - Antitrust
New York: Antitrust Law
New York: Litigation - Antitrust
San Francisco: Litigation - Antitrust
Washington, D.C.: Antitrust Law
Washington, D.C.: Litigation - Antitrust


Chambers Asia-Pacific 2016
Japan: Competition/Antitrust


Chambers Global 2015
USA: Competition/Antitrust


Chambers USA 2016
Nationwide: Antitrust
California: Antitrust
Washington, D.C.: Antitrust


Global Competition Review 2011 (11th edition)
Global 100 directory


Legal 500 Asia-Pacific 2015
Japan: International Firms and Joint Ventures: Antitrust and Competition Law


Legal 500 Europe, Middle East & Africa 2011
Belgium: EU Competition


Legal 500 US 2015
Mergers, Acquisitions and Buyouts: Antitrust
Antitrust: Cartel
Antitrust: Civil Litigation/Class Actions


PLC Which lawyer? 2010
EU Competition: European Union: Competition/Antitrust
Japan: Competition/Antitrust
United States: California: Los Angeles: Competition/Antitrust
United States: California: San Francisco and Silicon Valley: Competition/Antitrust


PLC Which lawyer? 2009 Global 50 Portrait
Dispute Resolution noted as global area of excellence

Kei Amemiya
Partner
Tokyo
81 3 3214 6522

Rony P. Gerrits
Partner
Brussels
32 23407368

Roxann E. Henry
Partner
Washington D.C.
(202) 887-1595

Bradley S. Lui
Partner
Washington D.C.
(202) 887-8766

Kazuyasu Yoneyama
Of Counsel
Brussels
81 3 3214 6522
Tokyo
(322) 340-7355

U.S.News Best Law Firms
Antitrust Litigation
"Law Firm of the Year"


“The firm is excellent. They provide the hard advice and manage complex global investigations seamlessly.”
(Chambers USA 2015)


“They know the industry and the business well so that they are able to provide helpful legal advice that reflects the realities of both the company and the industry.”
(Chambers USA 2015)


“It is particularly well known for its expertise in the hi-tech and media industries…”
(Legal 500 US 2016)


“Morrison & Foerster LLP has a ‘very good reputation’ in the market.”
(Legal 500 US 2015)


Global Competition Review 100

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