Historically, the United States was virtually alone in the world in treating anticompetitive conduct as a criminal offense. Antitrust enforcement in the U.S. thus often stopped at the border. Increasingly, however, other countries are criminalizing such conduct and aggressively pursuing antitrust enforcement. These overseas efforts have coincided with a greater emphasis in the U.S. on investigating international anticompetitive behavior and seeking cooperation with foreign regulators. Perhaps most significantly, earlier this year, the United States secured the first-ever extradition to this country of an individual to face an antitrust charge.
In addition, the U.S. has obtained the extradition of two other individuals based on alleged anticompetitive conduct, although these extraditions hinged on the fact that the individuals had been indicted for violating fraud and obstruction of justice statutes rather than antitrust statutes per se. Nevertheless, these extraditions for anticompetitive conduct, combined with the increase in domestic and overseas antitrust enforcement, indicate that antitrust offenses are on the way to being treated worldwide as seriously as any other international financial crime.
Antitrust Division
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
