November 15, 2013
A few upcoming Canadian Bar Association (CBA) Competition Law Section events caught my eye including the following on the recent Apple cartel case and MFN provisions, recent Canadian and international corruption law developments, Supreme Court’s recent indirect purchaser class action judgments and a roundup of recent important competition law developments.
November 15, 2013
The Americans are not ones to pussy foot around when it comes to economic crime. Yesterday, the U.S. Senate’s Subcommittee on Antitrust, Competition Policy and Consumer Rights held cartel related hearings bluntly entitled “Time Change: Cartel Prosecution: Stopping Price Fixers and Protecting Consumers”. Testimony included remarks by William Baer (Assistant A.G. in the DoJ’s Antitrust Division), Ronald Hosko (Assistant Director in the FBI’s Criminal Investigative Division) and several academics and private antitrust practitioners. Witness testimony has now been posted along with a webcast – see: here.
November 13, 2013
Given the recently increased focus on criminal competition law matters (e.g., cartels) and whistleblowing, the latter in the competition law world and corporate crime area generally, I thought I would launch a new whistleblowing page on the blog. A kind of rolling compilation of Canadian competition law whistleblowing information. For my first go at a few key recent Canadian competition law whistleblowing sources see: whistleblowers or below. As usual for my competition law overviews, I’ve endeavoured to include a few quotes that I’ve come across and thought were really rather good, including Ralph Nadar’s inaugural definition of “whistleblower” from the 1970s.
November 12, 2013
The National Competition Law Section of the Canadian Bar Association (CBA) has published a new edition of its longstanding Canadian Competition Law Review (Fall 2013). This new issue includes the following articles (and two comments): “Monopsony Power and the Relevance of the Sell-Side Market”, “The Use of Reduced-Form Equations to Estimate Cartel Price Effects: Lessons from the Kingston Retail Gasoline Cartel” and “A Canadian Court Considers the Crown’s Repudiation of an Anti-Trust Plea Agreement: Still a Work in Progress”. For copies of the new papers see: Canadian Competition Law Review.
November 12, 2013
Earlier today, the ASEAN Experts Group on Competition launched a new regional ASEAN Competition Policy and Law web portal.
November 12, 2013
Advanced Antitrust U.S. San Francisco 2014
February 6, 2014 – Le Méridien, San Francisco. IBC Legal is proud to announce the leading industry event of the year in San Francisco, highlighting the most crucial legal developments and insightful updates in the field of U.S. antitrust law and policy over the past twelve months.
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November 11, 2013
In one of the most interesting stories that caught my eye on my daily media sweep today, the Wall Street Journal is reporting that some of the U.S. big banks are considering blocking employees from computer chat rooms, based on growing market manipulation and collusion scrutiny from regulators (see: Big Banks May Block Traders From Chat Rooms). According to the WSJ, J.P. Morgan Chase and Credit Suisse are weighing whether to disable computerized chat rooms that link traders across multiple competing banks and are used by thousands of employees globally. Other banks, including RBS, Barclays and UBS, are reported to be reviewing chat room use and guidelines for controlling and monitoring communications.