Antitrust Cases Involving Financial Benchmarks: Issues of Conspiracy and Standing
12 PM EDT
A number of civil and criminal antitrust cases have alleged antitrust violations involving the setting of financial benchmarks. Courts recently considered and reached differing conclusions in civil cases involving the London Interbank Offering Rate (LIBOR) and ISDAfix, a benchmark interest rate included in many derivatives.
Cases involving financial benchmarks raise a number of difficult issues. Given that benchmarks are often set in a cooperative process, what evidence is needed to plausibly allege an illegal conspiracy? Who has standing to bring these suits? When is the injury alleged antitrust injury? Please join us as these and other issues are discussed by the following panel.
Manatt Phelps & Phillips LLP
7 Times Square
New York, NY 10036
FREE: Antitrust Section Members, Government, Non-profit Employees, Students
$25 Other Non-Members
Explore Section benefits or call 1-800-285-2221 to join. Code RAT14IP25. For this and all upcoming events visit http://ambar.org/atevents.
The ABA is not seeking CLE credit for this program.
Provided all releases are obtained, MP3 recordings of this program will be available to Section members on the Committee Program Audio page.