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ARTICLE · 12 MAY 2008

The Plea That Crossed The Sea

Peters & Peters Solicitors LLP
Peters & Peters Solicitors LLP
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Peters & Peters Solicitors LLP

Peters & Peters Solicitors LLP

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A groundbreaking direct settlement deal has taken US/UK antitrust enforcement co-operation to a new level. Michael O’Kane and Jasvinder Nakhwal warn that cartel participants from countries that have not criminalised such conduct are at a distinct disadvantage.

United KingdomAntitrust/Competition Law

Article by Michael O'Kane and Jasvinder Nakhwal, lawyers at Peters & Peters who acted in the ground-breaking Marine Hose case.

A groundbreaking direct settlement deal has taken US/UK antitrust enforcement co-operation to a new level. Michael O'Kane and Jasvinder Nakhwal warn that cartel participants from countries that have not criminalised such conduct are at a distinct disadvantage.

In addition to having in their armoury the simplified mutual legal assistance and extradition procedures between many jurisdictions, in a recent case the US Department of Justice (DoJ) and the UK's Office of Fair Trading (OFT) have demonstrated their joint determination to tackle cartels by adding a new and imaginative dimension to cross-jurisdictional co-operation and enforcement.

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