DOJ Landed $1B In Antitrust Penalties In 2011: Report

Law360, Los Angeles (January 9, 2012, 8:11 PM EST) -- The Antitrust Division of the U.S. Department of Justice racked up more than $1 billion in criminal fines, restitution and other payments in fiscal year 2011 — the agency’s second-highest annual take ever — according to a report released Monday by Gibson Dunn & Crutcher LLP.

“This staggering amount represents an increase of more than 78 percent from fiscal year 2010, and sends a clear message to the corporate world that DOJ’s zealous pursuit of large fines for collusive conduct continues unabated,” the firm concluded in...
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