Interaction Between Public and Private Enforcement
John Pheasant
Interaction Between Public and Private Enforcement
Introduction
Once very much the preserve of US antitrust agencies and courts, antitrust enforcement is now an important feature of the international legal landscape. While it has long been the case in the US that antitrust violations can lead to significant fines for corporations and individuals, prison sentences for individuals found guilty of participating in cartel activities and to “follow-on”, private damage claims by injured third parties, the European Commission ("Commission") and other antitrust authorities around the world have only more recently adopted policies and accompanying legal rules which significantly increase the exposure to penalties of those involved in various antitrust violations.
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