On Track With Direct Settlements In The EU

Law360, New York (May 20, 2010, 11:56 AM EDT) -- The European Commission’s announcement on May 19, 2010, of its settlement in DRAM represents the first successful outing for the Commission’s direct settlement procedure. It has been hailed by the Commission itself as a “milestone” in EU anti-cartel enforcement. As such, the Commission’s handling of the DRAM settlement provides important indications of how the Commission is fleshing out the bare bones of the settlement procedure set out in the Settlement Notice and of how the procedure looks set to evolve further.

The basic framework of the...
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