LME immune from antitrust lawsuit, US judge says

The London Metal Exchange is the world centre for industrial metals trading

In a move she herself found surprising, New York federal Judge Katherine B Forrest has dismissed an avalanche of antitrust complaints against the London Metal Exchange because it is an organ of the United Kingdom’s government and, as such, is immune from prosecution.

Germany rejects Google complaint as hypothetical

VG Media failed to show any actual infringement in its complaint to Germany’s Federal Cartel Office (FCO) alleging abuse of dominance by Google, but merely highlighted possible anti-competitive conduct, the authority has found.

KFTC raids big banks over rate fixing

Korea’s Fair Trade Commission has carried out inspections at four of the country’s largest banks for alleged anti-competitive collusion, according to a leading local news wire.

Features

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Front cover of GCR August 2014

August 2014 Buy

Country surveys: Italy, Czech Republic • The long reach of the US • GCR Live: IP & TMT

GCR Editorial Calendar

Details on forthcoming features and projects.

Featured Articles

The Czech Republic’s competition bar

In the face of an inactive enforcer, being a competition practitioner in the Czech Republic is not always the most fruitful occupation. Katy Oglethorpe meets the firms that are rising to the challenge.

An interview with Michal Petr

At the Czech Republic’s Office for the Protection of Competition, public procurement is the flavour of the month and scant resources and a slow legal system plague the enforcer. Michal Petr, the vice-chairman of competition at the office, talks to Katy Oglethorpe about these challenges and what is being done to address them.

An interview with Giovanni Pitruzzella

Giovanni Pitruzzella

After some years in the doldrums, Giovanni Pitruzzella is doing his best to make Italy’s Antitrust Authority (IAA) one of Europe’s leading enforcers again. Chairman since late 2011, he tells Henry Vane about his focus on local markets, the implications of a major pharmaceuticals case, and why proper competition enforcement is necessary to restore Italy’s economy and eliminate crony capitalism

In-depth

EU Cartel Survey

EU Cartel Survey
An analysis of cartel fines from 2005-2010, updated in 2012.

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