Senators Urged To Strengthen Antitrust Punishments

Law360, New York (November 14, 2013, 9:58 PM EST) -- A group of U.S. senators were urged during a committee hearing Thursday to rethink the punishments available for the U.S. Department of Justice to use against conspirators involved in anti-competitive cartels and to authorize bans on individuals and companies found guilty of antitrust violations.

Margaret Levenstein, a researcher and economics professor at the University of Michigan, told members of the Senate Judiciary Committee that the existing consequences for collusion weren't working, citing the emergence of "a steady stream of cartels" even after the DOJ's effective use...
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