We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Critics Deny Collusion Among Private Equity Firms

Law360 (November 14, 2006, 12:00 AM EST) -- The U.S. Department of Justice’s widening informal inquiry in recent months as to possible anti-competitive practices in the private equity industry has many financial firms looking over their shoulders. But not everyone agrees that there is cause for concern.

One such naysayer is Harold Bogle, the global head of private equity coverage in the investment banking division at Credit Suisse Group. On Monday, Bogle told Reuters that despite the DOJ’s bumped-up scrutiny of the issue, auctions involving private equity firms are “extremely competitive” and bid-rigging in...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.