After 25 years, is leniency still a bargain?

Washington, D.C. (October 16, 2018) -- On Aug. 10, 1993, then-Assistant Attorney General for Antitrust Anne Bingaman gave her first major address to the antitrust bar in the ballroom of the Loew’s Hotel in New York. Bingaman, who had been confirmed as President Bill Clinton’s pick to head the Justice Department’s antitrust division two months before, made two policy announcements: that the agency was rescinding its guidelines on vertical conduct, and that it was revising its corporate leniency program....

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