Allen & Overy reveals hefty fines for cartel enforcers in first half of 2013
Allen & Overy has revealed that some of the most prominent cartel enforcers have obtained fines totalling €507m (£432m) globally for the first half of 2013.
Antitrust authorities in Japan, the US, Canada, Brazil and South Africa have handed out hefty fines. However, the pace so far is not on track to hit 2012’s €3.95bn mark.
Despite the slow start, Allen & Overy predicts that fine levels will rebound towards the end of the year as global investigations into LIBOR and auto parts progress.
Allen & Overy also expects that in 2013 authorities will continue seeking harsher penalties against conspirators and will improve overall detection of cartel activity.
News from Allen & Overy
News from The Lawyer
Briefings from Allen & Overy
The ITC has reaffirmed its power to ban electronic transmissions from the US where those transmissions infringe an intellectual property right or are otherwise based on an unfair trade practice.
A new French law, the ‘Law to recapture the real economy’ (‘Loi visant à reconquérir l’économie réelle’ or ‘Loi Florange’), was made on 1 April 2014.
Analysis from The Lawyer
Imagine you’re the general counsel of London-based private equity investor BC Partners. You’re sipping on your coffee, hashing out the details of your imminent £382m investment into UK-based business publishing company Mergermarket.
‘Exotic’ investors and opportunities for legal work beyond M&A feature in The Lawyer’s high-level roundtable debate on south-east Europe