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GCR Cartel Conference, Washington, D.C.–April 5, 2016

March 30, 2016 by Robert Connolly

If you are going to be in DC for the ABA Antitrust Spring Meeting, or just in the DC area, I am reposting information about a program on April 5, 2016 that I will be participating in.

I will be moderating a panel at a GCR Live Cartels conference sponsored by Global Competition Review on Tuesday, 5 April at One CityCenter, Washington D.C. My panel is titled: The U.S. Antitrust Sentencing Guidelines: Too Harsh, Too Lenient, or Just About Right? The panel is part of a one-day event, co-chaired by Phillip Warren, Covington & Burling, and Dennis Carlton, Compass Lexecon will bring together leading private practitioners, corporate counsel and governmental representatives to discuss a variety of topics at the forefront of antitrust law.

Three of my co-panelists are people I know well and who have a great deal of experience with antitrust sentencing and the sentencing guidelines. They are John Connor [Expert Economist at OnPoint Analytics, Inc.]; Megan Dixon [Partner, Hogan Lovells] and Jeffrey Martino, Chief of the Antitrust Division’s New York Field Office. And, we are fortunate that Alan Dorhoffer, Deputy Director, Office of Education for the United States Sentencing Commission will be joining us.

Antitrust sentencing guideline reform has been a major interest of mine. I’ve written about it several times (here) (here) and have submitted comments to the Sentencing Commission (here). Some of the issues I expect we will be discussing/debating are:

  • Is the volume of commerce adjustment for individuals too harsh and too disconnected from culpability to be useful?
  • Why is it so a rare for an antitrust individual defendant to be sentenced within the guidelines range?
  • Are the organizational lacking in direction for how to clacaulte the volume of commerce?
  • Are the corporate guidelines for fines too low?  Too high?
  • Should the sentencing guidelines be amended so that a corporation can get credit for a bona fide antitrust compliance program even if senior executives are involved in the wrongdoing?

The GCR Cartel program will also include the following:

Keynote address: Eric Holder, Covington and Burling and Former U.S. Attorney General

  • Session one: Punishing global cartels – are there any limits? with María Luisa Tierno Centella, European Commission
  • Session two: Did the enforcers go bananas in Dole v. Commission? What are the boundaries of cartel conduct – and why does it matter? with Brent Snyder, US Department of Justice
  • Session three: Et tu?: Where are private cartel actions in Europe headed? with Hon. Justice Peter Roth, Competition Appeal Tribunal
  • Session four: – Cartel enforcement challenges in newer enforcement regimes with Alejandra Palacios Prieto, Mexican Federal Economic Competition Commission
  • Session five: Managing the challenge of global antitrust compliance

The conference will include a networking lunch and then a cocktail reception to conclude the event.  GCR is offering a discount for Cartel Capers readers!  This link will give readers a rate of $700 which is $250 below the current price.

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The US Supreme Court has called cartels "the supreme evil of antitrust." Price fixing and bid rigging may not be all that evil as far as supreme evils go, but an individual can get 10 years in jail and corporations can be fined hundreds of millions of dollars. This blog will provide news, insight and analysis of the world of cartels based on the many years my colleagues and I have as former feds with the Antitrust Division, USDOJ.

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