Globalizing The Criminality Of Cartel Offenses

Law360, New York (February 19, 2009, 12:00 AM EST) -- Two more jurisdictions, Australia and South Africa, may now join the growing number of countries that impose criminal penalties for antitrust violations.

The legislatures in both countries recently introduced legislation that amends their competition law statutes to criminalize cartel offenses.

This is part of an international trend, as nations on five continents now follow the United States’ approach of criminally prosecuting individuals (and corporations) for the most serious antitrust violations.

High fines have become commonplace, and courts in a number of countries have imposed jail sentences....
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