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Sep 7, 2018 · Antitrust, released in 2001, is an extremely dot-com-era take on the conspiracy thriller genre. The film starts with hotshot programmer Milo Hoffman (Ryan Phillippe) getting recruited by tech...
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This week, The Verge is looking at different aspects of the...
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Feb 15, 2024 · Press Release No. 22-1253, U.S. Dep’t of Just., Criminal Charges Unsealed Against 12 Individuals in Wide-Ranging Scheme to Monopolize Transmigrante Industry and Extort Competitors Near U.S.-Mexico Border (Dec. 6, 2022).
Oct 9, 2023 · Most significant is that conditions are increasingly favourable to a new — and much more holistic — approach to antitrust enforcement. Nowhere is this more in evidence than in the FTC’s case ...
- The Facts
- Background
- Takeaways and Remaining Questions
- Conclusion
The case charges a single count of Section 2 for an attempted monopolization offense. As laid out in court documents, the defendant owned a company that filled cracks in asphalt and pavement for publicly funded highway projects in Montana, Wyoming and neighboring states. The markets are characterized in case filings as consolidated, with the two co...
Section 2 violations have been crimes since the Sherman Act's enactment in 1890,5 and they became felonies in 1974.6The plain language of the statute encompasses three offenses: (i) monopolization, (ii) attempted monopolization and (iii) conspiracy to monopolize. Despite this longstanding law, for nearly fifty years, the Division's criminal enforce...
Zito is important as the first case under DOJ's revived criminal Section 2 enforcement. While the case sheds some light on what else might be expected, it still leaves many questions unanswered. From court documents, Zitosuggests a few key takeaways: 1. Serious about Section 2. With a conviction in Zito at the start of this effort, the Division is ...
Zitois an important first data point for businesses, compliance professionals and the defense bar in an era of renewed criminal enforcement of Section 2. Before the true trajectory of the Division's enforcement can be known, however, additional points—especially those drawn from litigation—are needed. Our antitrust group is tracking Section 2 crimi...
4 days ago · U.S. District Judge Carl Nichols — himself a Trump appointee — ordered Bannon in June to report to prison by July 1. Bannon was convicted of two counts of contempt of Congress in July 2022 for ...
Numbers of Antitrust Criminal Convictions. Over the past decade, from FY 1999 through the end of the second quarter of FY 200925, a total of 246 individual offenders were convicted of Sherman Act violations, the vast majority under section 1 and seven under section 3.
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Feb 13, 2014 · The 60-month jail sentence was a record for a Sherman Act conviction. The Antitrust Division, which had sought an even longer jail sentence of 87 months, stated it hopes the record sentence ...