💡 Presenting our joint operation partner Linklaters’ Global Antitrust #Enforcement Index 2024 💬 As a key contributor, our partner Xi Liao comments: “𝘌𝘯𝘧𝘰𝘳𝘤𝘦𝘮𝘦𝘯𝘵 𝘣𝘺 𝘈𝘴𝘪𝘢𝘯 𝘢𝘶𝘵𝘩𝘰𝘳𝘪𝘵𝘪𝘦𝘴 - 𝘱𝘢𝘳𝘵𝘪𝘤𝘶𝘭𝘢𝘳𝘭𝘺 𝘪𝘯 𝘊𝘩𝘪𝘯𝘢 - 𝘩𝘢𝘴 𝘴𝘦𝘦𝘯 𝘢 𝘴𝘶𝘳𝘨𝘦 𝘪𝘯 𝘳𝘦𝘤𝘦𝘯𝘵 𝘺𝘦𝘢𝘳𝘴, 𝘢𝘧𝘵𝘦𝘳 𝘢 𝘲𝘶𝘪𝘦𝘵𝘦𝘳 𝘱𝘦𝘳𝘪𝘰𝘥. 𝘌𝘯𝘴𝘶𝘳𝘦 𝘺𝘰𝘶 𝘴𝘵𝘢𝘺 𝘰𝘯 𝘵𝘩𝘦 𝘳𝘪𝘨𝘩𝘵 𝘴𝘪𝘥𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘭𝘪𝘯𝘦, 𝘸𝘪𝘵𝘩 𝘦𝘧𝘧𝘦𝘤𝘵𝘪𝘷𝘦 𝘢𝘯𝘥 𝘵𝘢𝘪𝘭𝘰𝘳𝘦𝘥 𝘨𝘭𝘰𝘣𝘢𝘭 #𝘤𝘰𝘮𝘱𝘭𝘪𝘢𝘯𝘤𝘦 𝘵𝘳𝘢𝘪𝘯𝘪𝘯𝘨.” Read more from our global Antitrust & Foreign Investment team below.
📈 Our latest analysis reveals that key #competition authorities worldwide have imposed a total of €7.8 billion in fines for #cartel infringements from 2021-2023, marking an increase from the €5.4 billion during the previous three years. Significant hot spots include China, Belgium, the UK, South Korea, Turkey, and Mexico, whereas the EU and US saw a decline. The pipeline of new cartel cases is also booming. After a lull in raids and new cartel investigations during the pandemic, key jurisdictions have opened over 100 new investigations each year in the period 2021-2023 with 139 new investigations being opened in 2023 alone. 💬 We asked Bernd Meyring, Doug Tween, Sarina Williams and Xi Liao to share their expert insights on the current landscape of cartel #enforcement and the key factors driving this surge in fines. Read more on our website here 👉 https://lnkd.in/ez3mniZh