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New Zealand enforcer loses estate agents case

New Zealand enforcer loses estate agents case

15 November 2017

The High Court of New Zealand in Auckland has dismissed the New Zealand Commerce Commission’s price fixing case against two real estate agents.

FTC: drugmakers’ agreement was cover for illegal scheme

FTC: drugmakers’ agreement was cover for illegal scheme

GCR USA - 15 November 2017

The Federal Trade Commission has argued that a 2010 agreement between Impax and Endo to develop a Parkinson’s treatment drug was a pretence for the first $10 million instalment Endo paid to keep a generic rival off the market.

Frankfurter lives on: The Tipline for 15 November 2017

GCR USA - 15 November 2017

While some prefer the term “New Brandeis” to “hipster antitrust” in describing the pro-enforcement school of thought that goes beyond consumer welfare, today is the 135th birthday of the man who helped to put Louis Brandeis’s theory into effect during the New Deal. After joining the Supreme Court, Felix Frankfurter continued to view big business with suspicion, but also questioned whether competition was the appropriate policy for regulated industries.

Peruvian court upholds bid-rigging fines

Peruvian court upholds bid-rigging fines

14 November 2017

Peru’s Competition Tribunal has upheld the Peruvian competition enforcer’s decision to fine two associations 4.05 million sol (€1,060,000) each after they colluded to rig bids for transport tenders.

National champions have failed Brazil, CADE commissioner says

National champions have failed Brazil, CADE commissioner says

14 November 2017

Brazil’s finance minister and a member of its antitrust authority said last week that competition fosters and increases economic productivity.

Fox: BRICS countries have a comparative advantage

Fox: BRICS countries have a comparative advantage

14 November 2017

New York University law professor Eleanor Fox has said the BRICS countries have a comparative advantage when assessing the public interest in antitrust enforcement.

ECJ clarifies scope of EU agricultural exemptions

ECJ clarifies scope of EU agricultural exemptions

14 November 2017

The European Court of Justice has confirmed that a cartel of French endive producers was not exempt from competition law, and given guidance to national courts deciding when agricultural producers are exempt from antitrust laws.

British Airways loses air cargo appeal

British Airways loses air cargo appeal

14 November 2017

The European Court of Justice has confirmed the General Court’s decision not to strike out the European Commission’s air cargo cartel decision for British Airways.

USDA rule repeal sparks debate

USDA rule repeal sparks debate

GCR USA - 14 November 2017

The US Department of Agriculture withdrew an Obama-era rule last month that would have allowed individual farmers to sue meat processors for violations without having to demonstrate competitive harm to the market – renewing an ongoing controversy on whether farmers need further protection against meat processors.

Missouri AG and USDA: The Tipline for 14 November 2017

GCR USA - 14 November 2017

Missouri’s attorney general has joined the Google fray, with a big nod towards the European Commission’s investigation.