Winter 2023, February, Volume 1
Antitrust Chronicle® - White Collar Defense
Competition authorities worldwide investigate and prosecute antitrust infringements criminally. The U.S. Department of Justice, in particular, has famously imposed substantial fines and prison sentences against alleged conspirators, including those located abroad.
These efforts are often coordinated with other competition authorities, as many investigations are global in scope. These efforts have recently been magnified: the Department of Justice has launched a so-called Procurement Collusion Strike Force, which seeks to identify and prosecute criminal antitrust conduct in the government procurement sector.