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    Home /  Practices /  Criminal Antitrust

    Criminal Antitrust

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    S&C’s history of working effectively with government authorities to resolve complex matters and our ability to handle cases with impacts in multiple jurisdictions make us an ideal choice for clients facing criminal antitrust investigations. With more than a dozen former federal and state prosecutors, as well as lawyers with long experience dealing with prosecutors, our team understands how government authorities pursue criminal antitrust cases. We also stay abreast of shifts in enforcement priorities.

    We regularly advise clients at all stages of cartel investigations, with a particular focus on complex leniency cases before the European Commission and subsequent EU and national follow-on litigation. Among the many matters on which we have advised are investigations related to baby food, bathroom products, biofuels, block trains, capacitors, de-icing salt, elevators, ethanol benchmarks, fashion, foreign exchange, automobile insurance, oil, and VAT refund. We also advise third parties with respect to cartel investigations of their suppliers or customers. Our deep familiarity with federal and international leniency programs often enables us to prevent clients from incurring criminal penalties or lessen such penalties.

    We have represented a diverse base of clients in significant criminal antitrust investigations brought by government authorities around the world, including industry-wide investigations into trading in the global FX Spot market and the manipulation of LIBOR and EURIBOR, as well as in price-fixing investigations concerning fuel surcharges in air services; ocean shipping; medium and heavy trucks; capacitors; aviation insurance; hydrogen peroxide; cathode ray tubes; polyurethane foam; canned seafood; biofuels; oil and numerous other commodities and products. We have extensive experience with dealing with follow-on antitrust class actions and multidistrict litigation that typically follow on the heels of criminal antitrust enforcement actions.

    S&C provides clients with a deep bench of experienced lawyers from practice groups across the Firm. In criminal antitrust matters, lawyers from our internationally recognized Antitrust Group and premier Criminal Defense and Investigations Group work together to deliver tailored advice that addresses every facet of criminal antitrust investigations. Lawyers in S&C’s U.S. and European offices, including members of our European Competition Practice, work closely together to provide seamless advice in cross-border matters.

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    Spotlight

    Highly recommended practice with notable expertise across merger review, government investigations and antitrust litigation. Demonstrates particular strength in cartel work, with capabilities in criminal investigations and follow-on litigation.

    – Chambers USA
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    Experience

    Experience

    Our criminal antitrust experience covers an array of industries, including the representative matters below.

    • One of the largest ocean container shipping companies in a DOJ criminal cartel investigation, with DOJ concluding its nearly two-year grand jury investigation without bringing any charges or taking any other action.
    • Argos in resolving a criminal antitrust investigation by the DOJ concerning alleged price-fixing and bid rigging at ready-mix concrete and cement operations that Argos acquired from Lafarge.
    • Barclays in the investigation and resolution with the DOJ and other regulators relating to a criminal conspiracy to manipulate the price of currency exchanged in the global FX Spot Market.
    • JPMorgan Chase in DOJ and SEC investigations pertaining to LIBOR submissions, which included potential criminal antitrust allegations. Following their investigations, both the DOJ and SEC declined to bring any charges.
    • An individual in an international price-fixing investigation into the high-voltage submarine and underground cable industry by the DOJ, the European Commission and other governmental agencies.
    • A French shipping company in the resolution of a multi-year criminal price-fixing investigation by the DOJ and the settlement of related civil lawsuits.
    • British Airways in two global criminal antitrust investigations and in related multi-district class action lawsuits stemming from allegations of price-fixing of fuel surcharges with respect to cargo air services and passenger air services.
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    Rankings and Recognitions

    Rankings and Recognitions

    • S&C Named Finalist for New York Law Journal’s ‘Litigation Department of the Year’

      July 15, 2024
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    Practice Contacts

    Practice Contacts

    Steven L. Holley Headshot Photo
    Steven L. Holley
    New York
    +1-212-558-4000
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    Nicolas Bourtin Headshot Photo
    Nicolas Bourtin
    New York
    +1-212-558-3920
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    Renata B. Hesse Headshot Photo
    Renata B. Hesse
    Washington, D.C.
    +1-202-956-7500
    Palo Alto
    +1-650-461-5600
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    Juan Rodriguez Headshot Photo
    Juan Rodriguez
    London
    +44-20-7959-8900
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    Michael Rosenthal Headshot Photo
    Michael Rosenthal
    Brussels
    +32-2896-8000
    Frankfurt
    +49-69-4272-5200
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    Alexander J. Willscher Headshot Photo
    Alexander J. Willscher
    New York
    +1-212-558-4104
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    Adam S. Paris Headshot Photo
    Adam S. Paris
    Los Angeles
    +1-310-712-6663
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    Christopher Michael Viapiano Headshot Photo
    Christopher Michael Viapiano
    Washington, D.C.
    +1-202-956-7500
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    Related Practices

    Related Practices

    • Antitrust
    • Criminal Defense & Investigations
    • European Competition
    • Litigation
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