Detecting and punishing cartels is at the top of the enforcement agenda for competition authorities around the world.
Detecting and punishing cartels is at the top of the enforcement agenda for competition authorities around the world. As financial penalties increase and cooperation between a growing number of authorities across the world is strengthened, it is imperative, now more than ever, that companies ensure a unified and cohesive strategy for dealing with cartel investigations. This is true from the early days of the launch of an investigation (whether by dawn raid or deciding where to apply for leniency) through to cooperation with authorities during the investigation stage as well as any appeals and follow-on damage claims.
The decisions made at the outset of an investigation can have a major impact on a company’s total financial and reputational exposure.
As a leading global cartel practice, our team works with clients to defend their interests in response to an investigation by minimising both the financial risk and potential damage to the clients’ reputation.
With our global footprint and on-the-ground experience in a large number of jurisdictions we are able to support clients through the broad spectrum of challenges that arise before, during and after an investigation. Our senior lawyers have excellent access to decision-makers where it matters. Our strong links with regulators are reinforced through the recruitment of former officials and longstanding relationships with the many Linklaters alumni who joined agencies. Many of our lawyers regularly advise agencies within the ICN and other non-governmental bodies on policies and legislation.
Our team has been involved in most of the major global cartel investigations and appeal cases to date, giving us unrivalled experience in this area.
As part of our Business Crime series, we discuss recent cartel developments and horizon scanning for future risk and legislative and enforcement changes.