The US FTC withdraws the policy statement on the use of disgorgement as a remedy for antitrust violations

This article was originally published on In Competition by King & Wood Mallesons (click here).

Cha-Ching - the highest penalties in the world and the FTC is still not happy?* The FTC has withdrawn a 2003 policy statement that limited equitable monetary remedies for antitrust contraventions to only “exceptional cases”. In a 4-1 decision on 31 July 2012 , the FTC has said it will seek remedies such as restitution

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  • King & Wood Mallesons (Sydney)

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Peta Stevenson, The US FTC withdraws the policy statement on the use of disgorgement as a remedy for antitrust violations, 31 July 2012, e-Competitions Bulletin Commitment Decisions, Art. N° 68293

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