Antitrust Chronicle® – 25 Years of Leniency… Where Do Things Stand?

Dear Readers,

It is generally accepted that leniency programs are an important and effective tool in the fight against cartels. That is the starting point of this month’s CPI Chronicle. But from this starting point, many questions and topics of discussion arise.

1993 and 1994 marked important early years in the enforcement of cartels…the U.S. Corporate and Individual Leniency Policies came into effect. Soon thereafter, the EU implemented a leniency policy and many other jurisdictions have si