Cartel enforcement activity promises to remain busy in the
coming months and into 2017
Cartel enforcement remains a priority for competition
authorities around the world. Global cartel fines totaled more than
$6 billion through August, putting 2016 on pace to meet or exceed
last year's annual total. Fines in the United States were lower
in the first part of 2016 than they were in the same period of
2015, based largely on the absence this year of a case approaching
the size of the fines handed down by the US Department of Justice
(USDOJ) in connection with the foreign exchange investigation in
2015. There were still, however, several substantial fines imposed
in connection with the ongoing auto parts, shipping, and capacitors
investigations.
