Joint Conduct

Top Italian court upholds annulment of fine

Top Italian court upholds annulment of fine

22 March 2017

Italy’s Council of State has upheld a decision to quash a €29 million fine on two insurance companies, after finding that the country’s competition watchdog had failed to show that the parallel conduct was due to illegal agreements. 

Norway fines four publishers

Norway fines four publishers

22 March 2017

Norway’s Competition Authority today fined four publishers 32 million kroner (€3.5 million) for boycotting a book distributor in favour of a distributor they jointly owned.

South Africa confirms settlement in maize cartel

South Africa confirms settlement in maize cartel

20 March 2017

The Competition Tribunal of South Africa on Thursday signed off on a fine of 10 million rand (€740,000) on Blinkwater Mills for fixing the price of maize, in another settlement of one of the longest running complaints in the history of the competition authority.

Japan warns Deutsche Bank over bid-rigging bonds

Japan warns Deutsche Bank over bid-rigging bonds

17 March 2017

Japan’s competition authority issued a warning to Deutsche Bank on Wednesday for exchanging information with Citi Securities and rigging bids in the European government bond market, in a rare investigation into cartels in the Japanese finance sector.

Kobo and HarperCollins suit up for e-books fight

Kobo and HarperCollins suit up for e-books fight

08 March 2017

E-book retailer Kobo has asked a Canadian federal court to quash the Competition Bureau’s second round of e-book settlements, while HarperCollins has pushed back against the enforcer’s allegations that it conspired with other publishing houses and Apple to raise e-book prices.

Spain fines railway companies €75.6 million

Spain fines railway companies €75.6 million

06 March 2017

Spain’s competition authority has fined Renfe and Deutsche Bahn a total of €75.6 million for restrictions on competition and abuse of dominance in the rail freight market – penalties including the largest that this enforcer ever has imposed on a single company.

CMA issues charges in second pay-for-delay case

CMA issues charges in second pay-for-delay case

03 March 2017

The UK’s competition authority has accused two pharmaceutical companies of entering anticompetitive agreements that boosted prices the country’s National Health Service paid for  anti-inflammatory drug hydrocortisone.

Malaysia central bank chastises MyCC for auto insurance case

Malaysia central bank chastises MyCC for auto insurance case

02 March 2017

The central bank of Malaysia yesterday lashed out at the country’s competition authority, claiming it overstepped its bounds and undermined consumers by charging nearly two dozen automotive insurance companies with breaking competition law.

Robot collusion and the future of online marketplaces

Robot collusion and the future of online marketplaces

02 March 2017

As the debate over internet regulation rages on, automated data processing systems in the online retail sector have received surprisingly little coverage. From Amazon to Skyscanner, price comparison softwares have become expected and even integral to modern living. But with the ease provided by the increasingly ubiquitous software has also come an easier pathway to collusion, and difficulties with regards to its prosecution.

CMA: pay-for-delay settlement “restrictive in its own right”

CMA: pay-for-delay settlement “restrictive in its own right”

01 March 2017

In its opening statement at the Competition Appeal Tribunal today, the UK competition authority said that pay-for-delay agreements between an antidepressant patent holder and generics manufacturers were “by nature antithetical to the competitive process”.

Generic drugmaker says it was pushed to be paid to delay

Generic drugmaker says it was pushed to be paid to delay

28 February 2017

Generics UK had “little choice” but to enter into a settlement with GlaxoSmithKline in an alleged pay-for-delay scheme, counsel to the generic drugmaker told the Competition Appeal Tribunal today.

Malaysian enforcer eyes €45 million fine on insurance companies

Malaysian enforcer eyes €45 million fine on insurance companies

28 February 2017

Malaysia’s Competition Commission last week said it plans to fine 22 insurance companies 213.45 million ringett (€45 million) for allegedly anti-competitive agreements with vehicle repair shops.