Competition Law and Financial Crime: A Comparative Analysis of International Responses to Market Manipulation [Hardcover]

1. Introduction;? 2. Background to the LIBOR and FX Benchmark Manipulation Crisis;? 3. UK Competition Law and Financial Crime;? 4.?EU Competition Law and Financial Crime;? 5. US Competition Law and Financial Crime;? 6. UK, EU and US comparison;? 7. Conclusion and Recommendations

This book looks at benchmark interest rate manipulation by competing banks, with the aim of identifying the best approach for the United Kingdom to take to the enforcement of laws against future benchmark manipulation. The approaches taken in the European Union and the United States of America are compared to the approach taken in the UK.

In this book Dr Johnson makes the case that competition law should be used to enforce banking cartels by comparing the actions taken in the UK, EU and US following the LIBOR and FX benchmark manipulation crises. Concise and engaging, and tackling a fascinating and timely issue, it is a must-read for readers interested in market manipulation and competition law.

Dan Joyner, Elton B. Stephens Professor of Law, University of Alabama School of Law

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Dr Johnson's monograph delves into the intricate world of benchmark interest rate manipulation by competing banks. By meticulously comparing enforcement approaches across the UK, EU, and US through the lens of competition law, the book provides valuable insights for policymakers, regulators, and academics.

Professor Richard Whish, Kings College London

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This is a must read for anyone interested in financial crimes and market law. The book offers an excellent overview and in-depth analysis of the UK, EU and the US regulatory regimes for fighting market manipulation. For those interested in the EU financial crimes framework, the book will be particularly interesting to read because of thelã‚