Chillin'Competition

Relaxing whilst doing Competition Law is not an Oxymoron

Archive for November 20th, 2013

Cartel fines (an illustrative graph)

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These are the stats available in DG Comp’s webpage for cartel fines imposed in the period 2009-2013.

Do you see anything remarkable?

CartelFines

After years of lawyers whining about sky rocketing fines, will we now see a reverse trend of lawyers whining about too few cartel decisions and too small fines??  We are funny whining beings…

In spite of temporary appearances, though, one should not expect these figures to remain as they are. The upcoming LIBOR decision will certainly inject some significant (record breaking?) “capital” into this years’s numbers.  On top of that, there appear to be a number of cartel decisions stuck somewhere in the pipeline (interestingly, only one cartel decision has so far been adopted in 2013).

P.S. For the one true masterpiece on cartel fines –Fine Arts in Brussels-  click here (the fact that I co-wrote it doesn’t of course compromise my objectivity…).

 

Written by Alfonso Lamadrid

20 November 2013 at 12:37 pm