News

Slovakia upholds record-breaking fine

Slovakia upholds record-breaking fine

19 July 2017

Slovakia's constitutional court has dismissed three construction companies' appeal of a decade-old bid-rigging fine, bringing to an end a case that saw the largest cartel sanctions in the competition enforcer's history.

UPDATED: Iceland blocks retail merger

UPDATED: Iceland blocks retail merger

19 July 2017

Iceland's Competition Authority has blocked a tie-up between consumer goods retailer Hagar and pharmaceuticals company Lyfja, finding that wholesaler Costco's entry into Iceland would do little to restrain the merged company's power over the market for some retail products.

Brazil enforcer seeks fines for LCD and tube cartels

Brazil enforcer seeks fines for LCD and tube cartels

18 July 2017

The investigatory arm of Brazil’s competition watchdog has asked its decision making body to penalise members of two global cartels in the markets for liquid crystal display panels and tube monitors.

Balmoral fine based on clear evidence, says CMA

18 July 2017

A lawyer for the UK's antitrust watchdog defended against appeal its decision to fine Balmoral Tanks for the water tanks maker's role in an alleged information exchange, noting that the case involves a virtually complete record of an executive's involvement in a meeting with competitors.

India investigates state-owned gas company for abuse of dominance

India investigates state-owned gas company for abuse of dominance

18 July 2017

The Competition Commission of India has opened a third investigation of state-owned gas supplier GAIL for abuse of dominance, and advised its investigators to look at all three investigations together.

Hogan Lovells gains partner from Cleary in Paris

Hogan Lovells gains partner from Cleary in Paris

18 July 2017

François Brunet today joined Hogan Lovell’s Paris practice as partner after a 26-year career at Cleary Gottlieb Steen & Hamilton.

Appeal is on point of principle, says water tanks appellant

17 July 2017

Counsel to Balmoral Tanks said its appeal against the £130,000 (€147,000) fine imposed by the UK’s competition watchdog last year was on a point of principle – and that the cost of the litigation has already “substantially” outstripped the amount of the fine.

Jon Lawrence to leave Freshfields

Jon Lawrence to leave Freshfields

17 July 2017

Freshfields Bruckhaus Deringer global antitrust litigation head Jon Lawrence, one of London’s most prolific defence-side antitrust litigators, will become a barrister at Brick Court Chambers next year.

Qualcomm loses bid for injunction at EU General Court

Qualcomm loses bid for injunction at EU General Court

17 July 2017

An EU judge has refused to suspend a European Commission decision potentially exposing Qualcomm to €580,000 daily fines if it does not comply with a request for information necessary for a predatory pricing investigation of the chipmaker.

DG Comp issues fresh pay-for-delay charge

DG Comp issues fresh pay-for-delay charge

17 July 2017

The EU’s competition watchdog has accused drugmaker Teva and subsidiary Cephalon – a former rival – of signing an illegal patent settlement in which Teva agreed to delay the entry of a generic sleep disorder drug.