GCR 100 - 20th Edition

GCR 100 Rankings: Cartels

14 January 2020

1 Allen & Overy 2 Linklaters 3 Baker McKenzie 4 Ashurst 5 Hogan Lovells 6 Gibson Dunn & Crutcher 7 Wilmer Cutler Pickering Hale and Dorr 8 Cleary Gottlieb Steen & Hamilton 9 White & Case 10 Wilson Sonsini Goodrich & Rosati The popular opinion is that cartel enforcement is decreasing. The number of leniency applications in the traditional antitrust hotbeds of the US and EU is decreasing, and the rise of follow-on damages actions has made discovering collusion through immunity and leniency applicants even harder for agencies. The noise surrounding digitisation can also sound downbeat about detecting cartels. One often walks into an antitrust conference to find a speaker warning of the imminent doom that sophisticated algorithms present to cartel enforcement, enabling coordination without a clear and conscious agreement.