Tagged: Antitrust Division

Antitrust Division Launches Broad Investigation of High-Tech Industry

When it comes to the Justice Department and reading the tea leaves, I often rely on a very obvious point – DOJ tells you in advance what it is planning and then executes its plan.  This has been true in the FCPA arena, prosecution of the opioid cases, targeting health care fraud and a history of initiatives.  DOJ is fairly transparent on its priorities.  Recently,...

Japanese Electrolytic Capacitor Manufacturer Sentenced to Pay $60 Million for Criminal Price-Fixing

The Justice Department’s Antitrust Division had a slow year in criminal antitrust cases.  There are a number of explanations for the slowdown in criminal cases – the most persuasive is that such a slowdown is part of normal case processing ups and downs, especially as several significant investigations (e.g. auto parts suppliers) are coming to a close. One criminal antitrust investigation is picking up speed...

The Often Ignored Importance of Antitrust Compliance (Part I of II)

If you ask any Chief Compliance Officer whether their compliance program includes antitrust laws, they will respond quickly and tell you – “Of course we do.” If you follow up you initial question and ask how do you ensure compliance you will hear a single response – “We conduct training.” When you scratch the surface on antitrust compliance at major companies, you will usually hear...

Antitrust Division Announces First Guilty Plea in Capacitor Cartel Investigation

The Department of Justice’s far-reaching criminal investigation into the alleged electronic capacitor cartel has borne fruit – NEC Tokin Corporation agreed to plead guilty and pay a $13.8 million criminal fine for conspiring with competitors between 2002 and 2013. NEC Tokin’s plea is the first criminal plea in this investigation, and the electronics manufacturing company also agreed to cooperate in the Antitrust Division’s ongoing investigation....