Global Cartel Enforcement Report 2023

The year 2023 saw total cartel fines in key jurisdictions increase by 7.7% over the previous year. While the totals remain significantly below the peaks seen in the mid-2010s, record fines were imposed in several jurisdictions and there has been an uptick in dawn raids and own-initiative investigations, which demonstrates global competition enforcers’ continuing intent to pursue cartels and impose severe sanctions. This report examines trends and developments globally in cartel enforcement from the last year and looks at key areas of enforcement for 2024.