News

DG Comp and Germany probing possible German car collusion

DG Comp and Germany probing possible German car collusion

24 July 2017

The European Commission and Germany's competition enforcer have confirmed they are reviewing information that suggests BMW, Volkswagen and Daimler colluded to restrain the price of crucial emissions technology.

IMS Health agrees commitments with Spanish enforcer

IMS Health agrees commitments with Spanish enforcer

24 July 2017

Spain's competition authority has approved commitments proposed by US healthcare company IMS Health following an investigation over allegedly illegal clauses in the company's contracts.

Defendants will be "throwing their arms around" US Libor ruling

Defendants will be "throwing their arms around" US Libor ruling

24 July 2017

Former prosecutors say the US Department of Justice must step up cooperation with foreign authorities, after a federal appeals court overturned the conviction of two former Rabobank traders whose rights against self-incrimination were violated when compelled UK testimony was used against them.

UK court rejects class action against MasterCard

UK court rejects class action against MasterCard

21 July 2017

The UK's Competition Appeal Tribunal has refused to grant a collective proceedings order for a £14 billion opt-out class action against MasterCard, holding that the determination of payments to individual victims is "impossible".

Argentina issues draft merger guidelines

Argentina issues draft merger guidelines

21 July 2017

Argentina's National Commission for the Defence of Competition this week released a draft version of its new merger control guidelines, to better explain how the commission will analyse deals' potential competitive impact.

Disruptive innovation blocks dominance claims in India

Disruptive innovation blocks dominance claims in India

21 July 2017

India's competition authority this week dismissed claims that a radio taxi company abused its market position using predatory pricing, on the grounds that the enforcer does not prosecute collective dominance in highly dynamic markets.

Indian court stays €12 million fine on Hyundai

Indian court stays €12 million fine on Hyundai

20 July 2017

A specialist tribunal in India has stayed a 870 million rupee (€12 million) fine against Hyundai on grounds that India's competition enforcer violated the company's right to a fair hearing.

Hoffman leaves Shearman to join US FTC  

Hoffman leaves Shearman to join US FTC  

20 July 2017

Former US Federal Trade Commission official D Bruce Hoffman is leaving his new law firm, Shearman & Sterling, to return to the agency as acting head of its bureau of competition.

Belgium closes probe into distributor's previous exclusivity clauses

Belgium closes probe into distributor's previous exclusivity clauses

20 July 2017

Belgium's Competition Authority has ended an abuse of dominance probe into newspaper and magazine distributor AMP, saying its competition concerns were resolved by commitments its parent company, incumbent postal operator Bpost, had agreed to when acquiring AMP.

South Africa settles with another maize cartelist

South Africa settles with another maize cartelist

20 July 2017

South Africa's Competition Commission has struck a settlement deal with Brenner Mills over its alleged role in a maize cartel, bringing the total fines in the long-running case to 612 million rand (€40.3 million).