The UK’s Competition and Markets Authority has imposed interim measures for the first time in extending a decade-old commitment decision by the European Commission relating to an agreement between American Airlines, British Airways, Iberia, Finnair and Aer Lingus.
Ireland’s competition enforcer has accused six major insurers and a trade association of cooperating to raise prices in the motor insurance market, following a four-year probe into alleged price signalling.
The Dutch competition watchdog has raided several unnamed companies in the home furnishings sector over suspected horizontal price fixing and resale price maintenance, in its first inspection since suspending office searches in March.
Greece’s Competition Commission has promised to draft new guidelines to encourage sustainability-driven cooperation agreements, while also assessing pro-environmental benefits to consumers as a non-price factor during antitrust probes and merger reviews.
The UK’s electricity grid operator has settled for an undisclosed sum its damages claim against NKT following-on from the European Commission’s power cables cartel decision.
Competition specialist Kelyn Bacon QC is leaving Brick Court Chambers after 20 years to become a judge in the Chancery Division of the High Court of England and Wales.
Former JPMorgan Chase trader Akshay Aiyer has been sentenced to eight months in federal prison following his conviction on one count of conspiring to fix prices and rig bids for certain currencies.
The chief executive of Albert Einstein Healthcare Network on Wednesday testified that the company is in a “precarious” financial position and is “clearly trending toward insolvency”.
Is “there’s no such thing as bad publicity” a phrase people use earnestly or just something a PR representative tells a client when things go haywire? JPMorgan Chase sent some traders home this week after a positive covid-19 test, just days after the bank announced it would be requiring other traders to return to the office on Monday. Collaboration isn’t always such a great thing anyway. Just ask the ex-JPMorgan …
Last week, Amazon settled an abuse of superior bargaining investigation in Japan and completely avoided an abuse of dominance claim in India. Elsewhere in the region, the Supreme Court in the Philippines has struck down an anticompetitive regulation, Pakistan’s competition authority has stepped up its scrutiny of the sugar sector and Australia’s antitrust agency has released a report on the coronavirus-hit airline industry.
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In June, the European Commission released a white paper seeking views on three proposed new tools to give it greater control over the acquisitions and activities of foreign-subsidised companies within the bloc. …
Competition authorities around the world have adopted measures to help businesses collaborate throughout the covid-19 pandemic, although they have warned against taking advantage of the health crisis. Khaitan & Co partner Sagardeep …
Some sectors become synonymous with certain competition concerns: the construction industry has long been a breeding ground for cartels, the telecoms sector is carefully scrutinised for consolidation, and now the pharmaceutical market …
The Competition Commission of South Africa declared in its healthcare services market inquiry report last year that competition has “largely failed”. As the country’s government attempts to introduce universal healthcare in the …
Overpriced but underenforced? • Healthcare on life support • Delay no more? • A little smoke, but no fire • A Q&A with KFTC chair Joh Sung-wook • Korea’s competition bar • GCR Live Pharmaceuticals • Market definition in pharmaceutical markets
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