In what is being claimed (and probably is)  as the first ever extradition on an Antitrust charge, Romano Pisciotti, an Italian national, was extradited from Germany to the United States  on a charge of participating in a conspiracy to suppress and eliminate competition by rigging bids, fixing prices and allocating market shares for sales of marine hose sold in the United States and elsewhere, the Department of Justice announced today. According to the Department of Justice (D. O. J.) of the U.S.:

 

“This first of its kind extradition on an antitrust charge allows the department to bring an alleged price fixer to the United States to face charges of participating in a worldwide conspiracy,” said Assistant Attorney General Bill Baer in charge of the Department of Justice’s Antitrust Division. “This marks a significant step forward in our ongoing efforts to work with our international antitrust colleagues to ensure that those who seek to subvert U.S. law are brought to justice.”

 

A copy of the Official Press Release can be found here. 

 

P.S.: For those who don’t know, Antitrust laws in the U.S.A. provide for both civil and criminal remedies.