Antitrust in the Twenty-First Century

ANTITRUST IN THE TWENTY-FIRST CENTURY STATUS accounting ON INTERNATIONAL CARTEL ENFORCEMENT By Belinda A. Barnett Senior apprise to the Assistant Attorney General Antitrust divergence U.S. discussion section of Justice Washington, D.C. Presented before the Antitrust Law Section render Bar of Georgia Atlanta, Georgia November 30, 2000 STATUS REPORT ON INTERNATIONAL CARTEL ENFORCEMENT I. Introduction The Antitrust persona of the U.S. plane section of Justice (the Division) continues to focus a large tally of its resources on outside(a) pacts that victimize U.S. businesses and consumers. During the course of the Divisions monetary year 2000 (October 1, 1999 through September 30, 2000), the Division conducted near thirty grand jury investigations of suspected international cartel activity. Currently, approximately one-third of the Divisions criminal investigations imply international cartel activity. This enforcement emphasis has led to the breakup of study international cartels, the convictions of key conspirators, and the imposition of substantial very wells. In financial year 2000, approximately one-third of the criminal cases filed by the Division involved international conspiracies. These conspiracies affected many hundreds of millions of dollars of U.S. commerce annually.

The marvellous amount of the harm inflicted by these international cartels is reflected in the circumstance that the fines obtained by the Division in international cases in the pull through fiscal year represented over ninety percentage of the total dollar volume of criminal fines obtained by the Division in all cases during that period. II. Recent Prosecutions In the last fiscal year and the beginning of the 2001 fiscal year, the Division continued its prosecutions of international cartels in the vitamin, graphite electrodes, and sorbates industries, and also initiated new prosecutions of the isostatic graphite, wastewater construction, and fine arts industries, as well as others. Companies based in the... If you want to get a full essay, order it on our website: Ordercustompaper.com

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