WASHINGTON, Nov. 2, 2021 —The American Bar Association Antitrust Law Section will return with its in-person Global Seminar Series on Nov. 17 in London. The series was put on hold after its last meeting in February 2020 in Sydney, Australia, due to the COVID-19 pandemic.
Leading enforcement officials from the United States and the United Kingdom will participate in panel discussions on cartel enforcement in the U.K. post-Brexit, and the roles the Serious Fraud Office (SFO) and Financial Conduct Authority (FCA) play in UK cartel enforcement, foreign exchange litigation and leadership, among others.
Global Seminar Series: London Both Sides Now: Cartels & Claimants Sponsored by the ABA Antitrust Law Section
Wednesday, Nov. 17, from 9 a.m. to 1:15 p.m. EST (1-5:15 p.m. GMT)
The Ned Hotel, London
The program will include two panels and a Q&A dialogue from 10:30-11 a.m. EST on “The Big Picture,” featuring William E. Kovacic, professor of global competition at George Washington University Law School in Washington, D.C., and a former chairman of the U.S. Federal Trade Commission.
PANEL 1: “The World of Cartels in 2021” (9:05-10:20 a.m. EST) — It is a new era for cartel enforcement in the U.K. The Competition and Markets Authority (CMA) has broader post-Brexit responsibility for cartel enforcement in global investigations, but it remains to be seen whether and how robustly it intends to exercise that responsibility. Additionally, the SFO and FCA have roles to play in U.K. cartel enforcement. This panel will explore those topics, including:How Brexit has impacted the U.K. and international cartel enforcement landscape
- Whether the CMA is fully exercising its cartel enforcement power and remedies
- Whether and how the CMA is sharing cartel enforcement power with other U.K. enforcement agencies
- Cartel enforcement activity in the U.K. compared to the U.S.
- Whether international cartels are an enforcement priority
- A preview of the June 2022 ABA International Cartel Workshop in Lisbon
PANEL 2: “The Straw That Stirs the Drink” (11:10-12:25 p.m. EST) — Prominent claimants’ advocates will discuss developments in the fast-developing U.K. collective action jurisprudence of 2021, including the Merricks (Mastercard) decision that may put at issue claims of over 46 million U.K. consumers, as well as the organization of the sprawling foreign exchange (FX) litigation and leadership — and debate potential broader implications.
The complete agenda can be found online.
This event is open to members of the press. For media registration, please contact Robert Robinson at [email protected].
Note: The ABA plans to hold this meeting in person but reserves the right to cancel or reschedule or convert it to a virtual event if health and safety restrictions require it. As part of the registration process to hold this ABA meeting in person, every attendee is required to affirm his/her commitment to comply with the in-person meeting guidelines.
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