Jones Day

International Top 30 position: 14
Asia-Pacific International 50 rank: 10

Categories:Competition/EU,UK

Antitrust Alert: UK’s OFT issues new guidelines on penalties for competition law violations

The UK Office of Fair Trading has published new guidelines on how it will set fines for competition law violations. The Guidelines take into account developments in case law since the 2004 previous guidelines and bring the OFT’s policy on financial sanctions into line with that of the European Commission. They introduce a number of changes to the methodology for calculating penalties, including listing factors which may lead to a higher or lower fine (so-called aggravating and mitigating factors), which all companies should take into account.

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Briefings from Jones Day

  • Jones Day Graduate Recruitment Brochure 2013–14

    Jones Day operates a different training system to most City firms. Understanding how it works and why the firm doesn’t just follow the crowd is key to understanding whether it’s a system that’s for you.

  • US DoJ and SEC guidance on the Foreign Corrupt Practices Act

    For the past 10 months, the US Department of Justice and the Enforcement Division of the Securities and Exchange Commission have advised the public that they are in the process of drafting guidance for companies regarding the requirements of, and prohibitions within, the US Foreign Corrupt Practices Act.

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Analysis from The Lawyer

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    SJB and the problem with private equity

    When a firm shouts loudly about a landmark merger, as SJ Berwin did when it joined forces with King & Wood Mallesons, departures are always likely to come under the spotlight.

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Overview

21 Tudor Street
London
EC4Y 0DJ
UK

Firmwide turnover: $1.5bn
Global lawyers 2013: 2,400
Offices: 40

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