ACPERA — Lasting Limits Or Fleeting Experiment?

Law360, New York (March 20, 2009, 12:00 AM EDT) -- Nearly five years ago, on June 22, 2004, President George W. Bush signed into law the Antitrust Criminal Penalty Enhancement and Reform Act of 2004 (“ACPERA”).[1] Enacted amidst much fanfare, ACPERA introduced two significant changes to the law of antitrust enforcement.

First, ACPERA greatly increased the maximum fines and jail sentences for antitrust violations — $100 million for corporations, $1 million for individuals, and 10 years imprisonment.

Second, based upon a showing of satisfactory cooperation to the private claimant, ACPERA limited the civil liability of a...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.