Topic: Bid rigging

Russia accuses ventilator maker of market allocation

Russia’s competition authority has accused a ventilator manufacturer of divvying up the market by dictating how its distributors participate in public tenders.

04 August 2021

Korea fines vehicle manufacturers for rigging fire department tenders

Korea’s Fair Trade Commission has fined a pair of specialist vehicle manufacturers for rigging public tenders to supply firefighting and emergency rescue vehicles.

03 August 2021

South Africa seeks to fine spark plug maker in auto parts probe

The Competition Commission of South Africa has urged the country’s specialist antitrust tribunal to fine NGK Spark Plug Company for its role in the global auto parts cartel.

22 July 2021

Second Circuit affirms dismissal of bond cartel lawsuit

Allegations that more than 20 banks conspired to form a bond-trading “super-desk” are too broad to be plausible, a federal appellate court has said in affirming a lower court’s decision to dismiss the case.

20 July 2021

Austrian court urged to fine construction sector cartel

The Austrian Federal Competition Authority has asked a local court to fine two Strabag Group subsidiaries a total of €45.4 million as part of the enforcer’s largest-ever cartel investigation into the construction sector.

15 July 2021

DOJ secures first indictment in Belgian security services probe

A federal grand jury has indicted Seris Security and three individuals for allegedly conspiring to fix prices and rig bids for security service contracts purchased by the US Department of Defense at military bases in Belgium.

30 June 2021

Korea punishes railroad tie cartel

Korea’s competition authority has fined five companies that make railroad ties a combined €9.3 million for rigging bids on purchase orders called by state-owned and private companies.

11 June 2021

Overarching cartel agreement cannot prove individual infringements, EU advocate general says

A single and continuous cartel infringement does not necessarily consist of separate, individual violations of competition rules, EU advocate general Giovanni Pitruzzella has said.

03 June 2021

Jury hands ACCC loss in first contested criminal cartel case

A jury in Australia has cleared an assistive technology provider and two individuals of criminally attempting to fix prices and rig bids for products used in rehabilitation and aged care.

02 June 2021

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