Global Cartel Enforcement Down, But Not Out

Law360

02/07/2019

Lisa M. Phelan

Antitrust Law

In The News

Reprinted with permission

Morrison & Foerster partner Lisa M. Phelan discusses the recent dip in cartel enforcement as sprawling ten-year investigations into the auto parts and financial services industries, resulting in billions of fines levied, wind down, in the Law 360 article entitled, “Global Cartel Enforcement Down, But Not Out.”

Fines levied against cartel perpetrators worldwide reached a high water mark in 2015 and 2016, when a handful of outsized penalties skewed the numbers upwards, and the totals have been coming down since.  But experts say there's been no major policy shift or change in enforcers' focus to account for the drop off. Instead, a confluence of factors has led to the trend. Phelan said, "Is there a lull now? I think it would be hard to deny.  The question is, why? And there's not one factor, there's sort of a collection of factors."

Email Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.

©1996-2019 Morrison & Foerster LLP. All rights reserved.