The Hong Kong Competition Commission announced today that Brent Snyder, former Deputy Assistant Attorney General for criminal antitrust enforcement at the US Department of Justice, has been appointed as its new Chief Executive Officer. Brent Snyder will take over on September 4, 2017 from the incumbent, Rose Webb.
Brent Snyder brings with him over 14 years of US antitrust enforcement experience, including serving as the head of criminal antitrust enforcement since 2013. His role as Deputy Assistant Attorney General saw him overseeing the US DOJ’s antitrust criminal prosecutions and leading policy developments such as revisions to the leniency programme.
During his tenure, the US DOJ’s emphasis was placed on holding both individuals and companies to account and imposing hundreds of millions of dollars in fines ever year against cartel participants across all sectors of the economy. Brent Snyder contributed to the DOJ’s many achievements in global cartel enforcement. He oversaw some of the most high-profile criminal cartel prosecutions in the US in recent years, securing, for instance, a 5-year jail sentence against company executives in a shipping cartel; multiple jail sentences against senior executives and a record US$500 million fine in the LCD cartel; and the prosecution of several individuals accused of rigging tenders for public school bus transportation contracts in Puerto Rico. Mr Snyder also managed a number of innovative domestic cases such as the price-fixing investigation into sellers of posters on Amazon Marketplace.
Full Content: Lexology
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