Cartels 2025

USA Trends and Developments

Trends and Developments Contributed by: Djordje Petkoski, Matt Modell, Memmi Rasmussen and Tim Harris A&O Shearman

A&O Shearman has a global antitrust group which operates as a destination practice, with key US partners located in Dallas, New York, San Francisco, Silicon Valley and Washington DC. The group delivers US-wide and multi-ju - risdictional representation on the full spectrum of antitrust-related matters, including merger control, cartel investigations, civil litigation and counselling. It handles US Department of Jus - tice, Antitrust Divisions (DOJ), Federal Trade Commission and state enforcer cases. The team

acts for companies and individuals in complex cartel matters before the DOJ, European Com - mission and other EU member states and repre - sents international corporations in various crim - inal and civil matters arising from DOJ and EC investigations into interbank benchmark rates (ie, LIBOR, EURIBOR, CHF LIBOR and forex), financial services and confidential global and regional internal investigations for major corpo - rates. Matt Modell focuses on antitrust and other complex litigation at the trial level in federal and state courts throughout the country, including antitrust and trade regulation, internal and government investigations, criminal antitrust defence, class actions, and private and government litigation. Matt is also a CFIUS attorney and has counselled and navigated clients through the CFIUS process, including the clearance process and compliance pursuant to mitigation agreements. Matt has successfully represented companies and individuals in cartel investigations by the US Department of Justice.

Authors

Djordje Petkoski has broad antitrust experience, focusing on antitrust litigation, government

investigations and strategic counselling. Clients look to Djordje to manage complex antitrust proceedings and to develop and execute legal strategy, including as co-ordinating counsel on major multinational matters. Djordje has represented clients in bet-the-company litigation spanning price- fixing and monopolisation claims. He is a leading cartel lawyer and has represented over two dozen corporate and individual clients in cartel investigations by the US Department of Justice and enforcers in other jurisdictions. He has served as lead counsel for corporate clients involved in civil class actions that follow Department of Justice investigations.

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