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
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
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
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.
News from The Lawyer
Analysis from The Lawyer
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
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.