News

CAT backs claimant in first fast-track judgment

CAT backs claimant in first fast-track judgment

26 May 2017

The UK’s specialised competition court has said the Law Society of England and Wales abused its dominant position as an accreditation body in the UK’s first-ever fast-track case.

DG Comp official vouches for organisations’ role in convergence

DG Comp official vouches for organisations’ role in convergence

26 May 2017

An official at the European Commission’s Directorate General for Competition yesterday praised international bodies as the best way to facilitate convergence on issues such as due process.

Who’s Who Legal identifies future antitrust leaders

26 May 2017

Who’s Who Legal has revealed its first listing of the lawyers and economists believed by their peers to be the upcoming stars of the global competition community.

Cyprus fines banks €31 million over card payments

Cyprus fines banks €31 million over card payments

25 May 2017

Cyprus’s competition watchdog has ordered eight banks to pay a total of €31 million for abusing their dominant position in the country’s card payment market.

Macedonia fines drinks manufacturers

Macedonia fines drinks manufacturers

25 May 2017

Macedonia’s competition watchdog handed down €8.5 million in fines to two drink makers this week.

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.

Irish Supreme Court upholds litigation funding ban

Irish Supreme Court upholds litigation funding ban

24 May 2017

Observers say an affirmation by the Supreme Court of Ireland of third-party funding's illegality is unlikely to affect the country’s attractiveness as a forum for follow-on antitrust litigation.

Zimbabwe to amend competition law

Zimbabwe to amend competition law

24 May 2017

Zimbabwe’s cabinet plans to amend the country’s merger control regime and set out clear rules on cartel enforcement and public procurement.

US FTC commissioners diverge on algorithms

US FTC commissioners diverge on algorithms

24 May 2017

Acting US Federal Trade Commission chairman Maureen Ohlhausen said yesterday that the American antitrust agencies are well-equipped to deal with potentially anticompetitive algorithms and said some concerns about their use are “alarmist” – a more relaxed perspective than that offered by Democratic commissioner Terrell McSweeny the day before.

French court quashes dawn raid

French court quashes dawn raid

23 May 2017

France’s top court has ruled that antitrust investigators breached Samsung Electronics’ defence rights during 2013 dawn raids, but separately upheld inspections of Darty and Electrolux during the same investigation of appliance makers and distributors.