Work Area: Cartels

UK tribunal upholds CMA pharma collusion fine

The UK’s Competition Appeal Tribunal has confirmed the Competition and Markets Authority’s finding that Lexon colluded with rival drug suppliers to keep up prices of an antidepressant sold to the National Health Service.

26 February 2021

Leniency is not a passive exercise, DOJ official says

The Department of Justice’s director of criminal litigation has said the Antitrust Division expects “full and complete cooperation” from those hoping to receive immunity under the enforcer’s leniency programme.

26 February 2021

CCI hits association with fine for indirect price-fixing

India’s competition watchdog has issued a nominal fine to an association of publishers and booksellers despite finding evidence that it controlled discounts and ordered members to boycott certain tenders.

25 February 2021

First corporate defendant pleads guilty in broiler chicken probe

Pilgrim’s Pride has pleaded guilty to participating in a conspiracy to fix prices and rig bids for broiler chicken products and been ordered to pay a criminal fine of nearly $108 million.

24 February 2021

CCI clears airlines in high-profile collusion probe

India’s competition watchdog has concluded that the country’s five major domestic airlines did not collude through anticompetitive agreements or algorithms to align ticket pricing.

23 February 2021

Banks issued with formal criminal charges in ANZ cartel case

The criminal indictment lodged against ANZ, Citigroup, Deutsche Bank and several of their employees for allegedly colluding to distribute A$789 million worth of ANZ shares to bank executives reportedly contains 44 separate charges.

22 February 2021

KFTC files first-ever criminal obstruction charges

Korea’s competition authority has referred a steel company and three of its employees to the country's criminal prosecutor for impeding a price-fixing probe that resulted in fines of over €200 million.

17 February 2021

Hong Kong secures commitments from hotel groups in cartel probe

Hong Kong’s competition watchdog has accepted commitments from six hotel groups and a tour operator after they admitted facilitating a conspiracy to fix prices for tickets to tourist attractions.

17 February 2021

JFTC upholds cardboard cartel decisions

The internal tribunal at Japan’s competition authority has largely upheld two decisions the agency issued in 2014 to penalise cartels in the markets for cardboard products.

15 February 2021

French court upholds flour mill cartel ruling

France's top court has ruled that Goodmills, one of Germany's largest flour milling companies, continued to participate in a market sharing cartel until its fellow conspirators stopped inviting it to meetings.

12 February 2021

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