Antitrust

Shearman & Sterling Antitrust Annual Report 2019

Shearman & Sterling LLP

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S H E A R M A N & S T E R L I N G L L P | 5 5 CARTELS Since the introduction of the European Commission's (EC) settlement procedure in 2008, just over one in five of all its settlement cases have involved at least one party dropping out of the settlement procedure. 1 This has usually led to settlement and standard infringement proceedings being pursued in tandem against the various participants of the same cartel. Such hybrid cases have turned out to be a more frequent occurrence than "the exception" that the EC had initially envisaged. 2 Continued overleaf RECENT DEVELOPMENTS IN HYBRID SETTLEMENT CASES BY ELVIRA ALIENDE RODRIGUEZ AND AGOSTINO BIGNARDI

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