Cartels

South Africa settles media price-fixing case

South Africa settles media price-fixing case

25 May 2017

A South African company that sells airtime on TV channels today agreed to pay 22.3 million rand (€1.54 million) to settle allegations it colluded on prices and discounts being offered to advertisers.

Colombia charges concrete pipe manufacturers

Colombia charges concrete pipe manufacturers

19 May 2017

Colombia’s competition authority this week accused three concrete pipe manufacturers of forming a cartel between 2004 and 2014.

Mosso: enforcers are mostly aligned on cartels too

19 May 2017

Competition authorities largely agree on key issues in merger review and cartel enforcement, European Commission merger head Carles Esteva Mosso said today, downplaying reports of divergences between agencies.

ECJ should deny CRT cartel appeals, AG Szpunar says

ECJ should deny CRT cartel appeals, AG Szpunar says

18 May 2017

An advocate-general at the Court of Justice has recommended that LG Electronics and Philips be held liable for their now-defunct joint venture implicated in the cathode ray tube cartels – even though the European Commission failed to send the joint venture a statement of objections during the antitrust investigation.

Banks fight South Africa forex prosecution

Banks fight South Africa forex prosecution

11 May 2017

Fourteen banks have objected to a forex complaint submitted by South Africa’s Competition Commission, with many alleging that the enforcer’s complaint is “vague and embarrassing”.

Indian Supreme Court clarifies relevant turnover

Indian Supreme Court clarifies relevant turnover

10 May 2017

India’s Supreme Court this week ruled that companies must be fined according to the turnover of the product that relates to the infringements rather than the companies’ entire turnover, and slashed fines the country's enforcer imposed on a bid-rigging cartel.

Australian court fines "devious” auto parts maker

Australian court fines "devious” auto parts maker

09 May 2017

An Australian judge has said Yazaki’s rigging tenders for wire harnesses was “deliberate, sophisticated and devious” – but imposed a A$9.5 million (€6 million) fine that was a fraction of the penalty sought by Australia’s antitrust watchdog.

Belgium issues bid-rigging fines

Belgium issues bid-rigging fines

09 May 2017

Belgium’s Competition Authority has fined five railway infrastructure suppliers €1,779,000 for colluding on public contracts offered by the country’s national railway network.

Antitrust fines are too low, says Australian head

08 May 2017

The Australian Competition and Consumer Commission’s fines are “stunningly” low – too low to be a real deterrent, the enforcer’s chief Rod Sims said on Saturday.

US DOJ considers "carrots" for leniency applicants

US DOJ considers "carrots" for leniency applicants

05 May 2017

The US Department of Justice’s antitrust division is looking at ways to ensure that companies that plead guilty and obtain leniency still have an incentive to cooperate, even as they face follow-on damages claims.