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  • Writer's pictureKirk Hartley

$ 3.6 Billion of Global Government Antitrust Claims/Fines

Global antitrust claiming/fining by governments continues to increase, which probably is not a surprise when government expenses are up and tax revenues are down. Go here for the story summarizing $ 3.6 billion of fines last year.

While you are at it, consider also Professor Yeazell’s wonderful article 2002 article explaining the economic forces and econonics that drive and create propensity to claim. Among other factors he explains, two are government’s facing increasing expenses and shrinking revenues.

See:

SYMPOSIUM ARTICLE: THE CHANGING LANDSCAPE OF THE PRACTICE, FINANCING AND ETHICS OF CIVIL LITIGATION IN THE WAKE OF THE TOBACCO WARS: Seventh Annual Clifford Symposium on Tort Law and Social Policy: RE-FINANCING CIVIL LITIGATION , 51 DePaul L. Rev. 183 (2002). The paper can be downloaded here.

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