I am posting and recommending an excellent article by Hans Greimel, Asia Editor,Automotive News titled: Confessions of a Price Fixer.
The article discusses some of the “facts of life” known to cartel practitioners, but rarely discussed in print. The Antitrust Division will give often huge discounts from corporate fines totaling millions of dollars in return for a corporate plea and “complete, continuing cooperation.” That cooperation comes largely in the form of the company’s executives, some of whom are required to plead guilty and serve prison time in the US. Some highlights from the article: