Category: Judiciary

Source: US Justice – Antitrust Division

Headline: International Competition Network Adopts Framework for Competition Agency Procedures and Recommended Practices on Investigative Process, Announces U.S. Agencies Will Host 2020 ICN Annual Conference

“The ICN has become a crucial instrument for dialogue, cooperation, and convergence within the global antitrust community,” said Assistant Attorney General Delrahim.  “The Annual Conference provides us all with an opportunity to reflect on the great progress that has been made in competition policy and enforcement around the world, as well as the challenges that lie ahead.”

Source: US Justice – Antitrust Division

Headline: Department of Justice’s Antitrust Division Joins Framework on Competition Agency Procedures as Founding Member

“I encourage our antitrust enforcement partners around the world to become founding members of this historic multilateral framework on procedures,” said Assistant Attorney General Makan Delrahim of the Antitrust Division.  “Broad participation in the new framework will demonstrate our universal commitment to transparency and fairness, and it will strengthen cooperation among and confidence in antitrust enforcement agencies across the globe.”

Source: US Justice – Antitrust Division

Headline: New York Broker-Dealer Pleads Guilty To Violating U.S. Antitrust Laws by Rigging Bids for Financial Instruments

“Today’s charge represents the commitment of the Department of Justice and its law enforcement partners to uncovering and prosecuting cheaters who corrupt our financial and capital markets,” said Assistant Attorney General Makan Delrahim of the Justice Department’s Antitrust Division.  “Complex financial markets are not beyond the reach of the antitrust laws.  The Antitrust Division will aggressively pursue criminals in technically complicated markets, including those that some wrongly presume may be beyond detection or the reach of antitrust enforcement.”

Source: US Justice – Antitrust Division

Headline: Insulation Contractor Executive Pleads Guilty To Antitrust and Fraud Charges

“Today’s guilty plea is the second relating to a $45 million scheme to cheat New England schools, hospitals, and other businesses by agreeing to fix prices on insulation contracts in violation of the antitrust laws,” said Assistant Attorney General Makan Delrahim of the Department of Justice’s Antitrust Division. “As this prosecution shows, the Justice Department and our law enforcement partners, including the FBI and DCIS, will use every available resource to detect and bring to justice individuals who attempt to hide their criminal conduct by using high-tech encryption apps, burner phones, or any other means.”