Global cartel enforcement — 2013 year in review

Prioritisation and globalisation drive higher fine totals from fewer investigations.

Although the record-breaking fines of 2012 proved to be a tough act to follow, the era of aggressive antitrust enforcement continued in 2013. While fewer new investigations emerged this past year, authorities nonetheless imposed record-level penalties. It was a year defined primarily by the substantial regulatory settlements imposed against the global LIBOR and auto parts cartels.

With more to come in the LIBOR and auto parts investigations, we expect substantial fine figures to be the norm again in 2014. We also expect the financial services sector to continue to command the spotlight in the coming year. New investigations into the financial services sector emerged in 2013 that will further unfold in 2014, with top US and EU officials warning that these latest investigations may be the most significant yet…

If you are registered and logged in to the site, click on the link below to read the rest of the Allen & Overy briefing. If not, please register or sign in with your details below.

Sign in or Register to continue reading this article

Sign in


It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer


Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.


Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.


Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Analysis from The Lawyer

  • Panel reviews

    Panel reviews 2014: The chosen ones

    Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all

  • training

    Accutrainee: Revolution postponed

    At the time of its launch Accutrainee was described as a revolutionary change to the training model. Has it proved to be so? Not really.

View more analysis from The Lawyer


One Bishops Square
E1 6AD

Turnover (£m): 1,234.30
No. of lawyers: 2,194 (UK 200)
Jurisdiction: UK
No. of offices: 11
No. of qualified lawyers: 369 (International 50)
No. of partners: 81