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The law against hard core cartel activity involving conspiracies such as price fixing, bid rigging and market sharing agreements between competitors is widely regarded as the centrepiece of competition law. It is a priority for both EU and UK competition authorities. The Law of Cartels is an authoritative practitioner work offering practical advice for both lawyers advising companies and for company directors. In addition to a comprehensive overview of the main aspects of the law, it offers guidance on dealing with cartel investigations by the competition authorities, implementing compliance programmes to reduce the risk of cartel activity taking place, and examines the options for companies accused of hard-core cartel activity. This new edition has been extensively re-written to take on board changes in the law affecting the enforcement regimes at both the UK and EU level. It examines in detail recent developments such as * the increasing regulation of information exchange * the refinement of the concept of 'hub and spoke' cartels * the first criminal conviction under UK Cartel offence * revised EU fining guidelines and rising fines * and revised EU leniency guidelines.
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Table of Contents

Introduction Relevant Legislation and Anti-Cartel Enforcement Agencies The Elements of an Illegal Cartel under EC and UK Law Investigations by the Enforcement Agencies Fines, Penalties and Directors' Disqualification Leniency Criminalisation of Cartels in the UK Criminalisation of Cartels in jurisdictions throughout the world Dealing with Cartel enforcement authorities and global Cartels Dawn raids Compliance regimes

About the Author

Mark Jephcott Senior Associate, Herbert Smith LLP With a Foreword by Peter Freeman CBE QC, Chairman of the UK Competition Commission


No serious practitioner in competition law should be without it and many general practitioners will want a copy behind their desk - an admirable work which brings an impressively clear and practical focus on this important area of law.A" European Competition Law Review - an excellent introduction to the law of cartels and deserves to be on the bookshelves of practitioners, academics and industrialists.A" International Company and Commercial Law Review Reviews of the first edition

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