DOJ Criminal Antitrust Fines Top $1B For FY2013

Law360, New York (October 1, 2013, 8:27 PM EDT) -- The U.S. Department of Justice collected more than $1 billion in criminal antitrust fines for the second straight year in 2013, a total driven by the $740 million the watchdog racked up from its auto parts probe just before the fiscal year ended Monday.

Although the Antitrust Division had been trailing far behind its record $1.1 billion in fines from 2012 for much of the fiscal year, the agency ultimately cracked $1.02 billion with guilty pleas from nine foreign auto parts makers the department announced last...
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