Antitrust + Competition

Scott+Scott is recognized as a leader in antitrust litigation and is known for its innovative enforcement of antitrust laws and track record of big wins. Investors, businesses, and consumers trust us to pursue justice and compensation on their behalf regardless of where  violations occur.  The Firm is dedicated to helping ensure that markets remain free, open, and competitive.

Attorneys View Cases

Landmark Cases

US FOREX

Antitrust + Competition

$2.3 Billion in US settlements for market manipulation

BoA/US BANCORP

Securities Litigation

Novel investment recovery under The Trust Indenture Act

Wendy's

Consumer Litigation

Data Breach case with $50 Million settlement

GOOGLE

Corporate Governance

Record-setting sexual harassment settlement of $310 Million in corporate reforms

Scott+Scott has been recognized for its achievements in antitrust law by a number of organizations including:

The American Antitrust Institute (AAI):

  • 2014 OUTSTANDING ANTITRUST LEGISLATION ACHIEVEMENT IN PRIVATE LAW PRACTICE: Scott+Scott Attorneys at Law, Dahl v. Bain Capital Partners, LLC et al.
  • 2018 OUTSTANDING ANTITRUST LITIGATION ACHIEVEMENT IN PRIVATE LAW PRACTICE: Scott+Scott Attorneys at Law LLP, Alaska Electrical Pension Fund v. Bank of America et al. (ISDAfix Antitrust Litigation)
  • 2020 OUTSTANDING ANTITRUST LITIGATION ACHIEVEMENT IN PRIVATE LAW PRACTICE: Scott+Scott Attorneys at Law LLP, In re GSE Bonds Antitrust Litigation

The 2021 Antitrust Annual Report:

  • The #1 Largest Antitrust Recovery, and 4 of the Top 25 Antitrust Recoveries in the past decade. Our Foreign Exchange Benchmark Rates Antitrust Litigation delivered $2,310,275,000 in recoveries to investors.
  • #1 overall in the past decade with the largest average settlement dollar amount per settlement of $84,825,543.
  • #2 overall in the past decade in Lead Counsel in Class Recovery in aggregate class settlements in total dollar value.

Scott+Scott is at the forefront of antitrust litigation in the financial sector, including payments systems, private equity, bonds, interest rate derivatives, and foreign exchange. In recent years, the firm has also been heavily involved in litigation concerning the tech and agricultural markets, both of which have been subject to intense scrutiny. Unlike many firms that predominantly file “follow on” cases after government enforcement actions, Scott+Scott invests upfront in economists, investigators, and industry experts to identify and prosecute anticompetitive conduct.

RECENT REPRESENTATIVE SUCCESSES:

  • In re: Foreign Exch. Benchmark Rates Antitrust Litig., No. 13-cv-07789 (S.D.N.Y.): Challenging price-fixing of foreign exchange rates and obtaining over $2.3 billion in final-approved settlements.
  • Dahl v. Bain Capital Partners, LLC, No. 07-cv-12388 (D. Mass.): Challenging bid rigging and market allocation of leveraged buyouts by private equity firms and obtaining over $590.5 million in settlements.
  • Alaska Elec. Pension Fund v. Bank of Am. Corp., No. 14-cv-07126 (S.D.N.Y.): Challenging price-fixing of the ISDAfix benchmark interest rate and obtaining over $504.5 million in settlements.
  • In re GSE Bonds Antitrust Litig., No. 19-cv-01704 (S.D.N.Y.): challenging manipulation in the market for GSE bonds and recovering $386 million settlement.

CURRENT REPRESENTATIVE MATTERS:

Federal Courts routinely appoint Scott+Scott as lead counsel in antitrust class action cases. Representative current appointments include:

  • In re European Gov’t Bonds Antitrust Litig., No. 19-cv-02601 (S.D.N.Y) (“EGB I”) and Ohio Carpenters’ Pension Fund, et al. v. Deutsche Bank, et al., No. 1:22-cv-10462-VM (S.D.N.Y.) (“EGB II”): Co-lead counsel challenging a conspiracy amongst OTC dealers to fix the price for European Government Bonds and achieving $13 million in settlements to date).
  • Klein, et al. v. Meta Platforms, Inc., 5:20-cv-08570-LHK (N.D. Cal.): Co-lead counsel acting for advertisers alleging that Facebook monopolized the social advertising market and charged supracompetitive prices).
  • In re Cattle and Beef Antitrust Litig., No. 22-md-03031 (D. Minn.): Co-lead counsel acting for cattle ranchers and traders of live cattle futures contracts to recover loss suffered as a result of Tyson, JBS, Cargill and National Beef conspiracy to suppress the price of beef cattle.
  • Sky Federal Credit Union v. Fair Isaac Corporation, No. 1:20-cv-02114 (N.D. Ill.): lead counsel representing credit unions and banks against Fair Isaac Corporation and the three major credit bureaus alleging that Fair Isaac maintains an unlawful monopoly for its “FICO Score” in the business-to-business credit score market.

“OPT-OUT” LITIGATION

Scott+Scott has also represented clients in direct, opt-out antitrust litigation.  The Firm’s success in class actions allows us to provide our opt-out clients with unique and valuable insights. Representative clients include Parker Hannifin Corporation, PolyOne Corporation, Eastman Kodak Company, Mag Instrument Inc., and Fujifirm Manufacturing U.S.A Inc.

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News + Press

Antitrust Markus-Hutschneider Scott+Scott hires Deutsche Bahn counsel to lead new office

Scott+Scott hires Deutsche Bahn counsel to lead new office


Markus Hutschneider, former head of case management competition litigation for Deutsche Bahn, has joined Scott+Scott to head its new competition litigation-focused Berlin office.

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Antitrust The Firm
Antitrust berlin Scott+Scott Launches Berlin Office With Antitrust Pro

Scott+Scott Launches Berlin Office With Antitrust Pro


US plaintiffs firm Scott+Scott Attorneys at Law LLP announced Thursday it is launching a Berlin office led by an antitrust expert from Deutsche Bahn in an effort to cater to large multinationals seeking damages for breaches of competition law.

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Antitrust The Firm
Antitrust shipping containers being loaded and unloaded at the dock Car Shipping Cartel Faces £150M Class Action

Car Shipping Cartel Faces £150M Class Action


Five shipping companies fined for running a cartel for transporting cars to the UK have become the target of a £150 million ($189 million) US-style class action in London led by law firm Scott+Scott UK LLP.

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Antitrust The Firm
Antitrust close up of luxury car Class action could mean refund of £60 per new car

Class action could mean refund of £60 per new car


Dealerships could be in line for a refund of up to £60 per new car that they bought, thanks to a class action against five major shipping companies.

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Antitrust The Firm