Criminal Cartel Cases Languish As UK Plays Hot Potato
Law360 (March 4, 2019, 6:45 PM EST) -- The U.K.'s antitrust watchdog wants to hand off its criminal cartel enforcement powers after having little to show for nearly five-year-old reforms meant to make prosecutions easier to win. But shifting responsibility to other enforcement agencies with different priorities is unlikely to yield much better results.
The Competition and Markets Authority has pursued just two criminal cartel cases since 2014, when the U.K. government removed a legal standard the agency had blamed for its inability to win prosecutions. And both of those cases were for conduct predating the change.
That suggests that the CMA simply never regained confidence in its ability...
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