• 2011 Mid-Year Criminal Antitrust Update
  • July 20, 2011
  • Law Firm: Gibson Dunn Crutcher LLP - Los Angeles Office
  • In our 2010 updates, we noted a slower (although still aggressive) pace of U.S. antitrust enforcement activity and an uptick in European criminal enforcement. 2011 brings U.S. enforcement back to the fore, with fines on pace to set new records. In addition to pursuing an active enforcement agenda, the Department of Justice, Antitrust Division ("DOJ" or "Antitrust Division") has continued to emphasize the importance of international cooperation, describing cooperation on enforcement matters as "at an all-time high." In particular, the Antitrust Division has noted continued cooperation with competition authorities in Europe, North America, Asia, Australia, and New Zealand, as well as "burgeoning" cooperation with enforcers in South America and Africa, on investigations into industries including auto parts, air transportation, marine hoses, and liquid crystal displays. Indeed, it is no accident that each year we see more cooperation among the antitrust authorities of multiple countries, we also observe a general trend of increased enforcement actions around the world.