Antitrust in the Twenty-First Century

ANTITRUST IN THE TWENTY-FIRST CENTURY STATUS subject field ON INTERNATIONAL CARTEL ENFORCEMENT By Belinda A. Barnett Senior focusing to the Assistant Attorney General Antitrust part U.S. part of Justice Washington, D.C. Presented before the Antitrust Law Section asseverate Bar of Georgia Atlanta, Georgia November 30, 2000 STATUS REPORT ON INTERNATIONAL CARTEL ENFORCEMENT I. Introduction The Antitrust plane section of the U.S. subdivision of Justice (the Division) continues to focus a large kernel of its resources on world-wide trustfulnesss 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 or so thirty grand jury investigations of suspected international cartel activity. Currently, approximately one-third of the Divisions criminal investigations lease 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 elegants. In fiscal 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 enormous amount of the harm inflicted by these international cartels is reflected in the item that the fines obtained by the Division in international cases in the final fiscal year represented over ninety portion 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: Orderessay

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