Global Cartel Fines Down For 2nd Year In A Row

Law360 (January 25, 2019, 8:14 PM EST) -- The total value of fines levied by global enforcers for cartel conduct last year dropped slightly compared to 2017, but antitrust authorities still doled out significant penalties over both domestic and international activity, according to a report released Thursday by Morgan Lewis & Bockius LLP.

The report found that cartel fines last year totaled $3.6 billion, down from $4.2 billion the year before. In both 2016 and 2015, enforcers racked up more than $7 billion in penalties, but each year was marked by outsized, individual fines reaching into the billions. While last year failed to produce any case of that magnitude,...

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