A Good Carrot? U.S. Travel Restrictions in Cartel Enforcement

Based on an obscure memorandum, foreign executives accused of price-fixing in the United States face a Hobson’s Choice: plead guilty and serve time in a U.S. prison, or refuse to plead guilty and incur criminal jeopardy, plus restricted travel to the United States. For executives in the early or middle stages of successful careers in which regular business travel to the United States is essential, the prospect of serving a reduced sentence in a