Executives Beware: The Long-Arm of the U.S. Government Strikes Again
By JEREMY EVANS & ANDREAS STARGARD
Last week, the U.S. government successfully extradited the first foreign executive, an Italian national, to face antitrust criminal charges in a U.S. court. The extradition, based on a sealed indictment, marks a "significant step forward" in cartel enforcement in the words of the government's chief antitrust official. It further highlights the aggressive approach and increasing global reach of U.S. enforcement authorities against foreign executives in antitrust and FCPA cases.