Work Area: Cartels

UK tribunal sets date for first-ever carriage dispute hearing

The UK’s Competition Appeal Tribunal will hold a hearing in July to determine which of two competing Forex opt-out class actions should proceed to trial, marking the first time it presides over a so-called carriage dispute.

15 January 2021

Report reveals fluctuations in cartel fines in 2020 across Asia-Pacific

Cartel fines in Korea and Taiwan increased significantly in 2020 from the previous year, although they fell steeply in China, Japan, Australia and India, a report by Morgan Lewis & Bockius has revealed.

15 January 2021

Germany lifts lid on manhole cover cartel

Germany's Federal Cartel Office has fined the country's two leading manufacturers of manhole covers a total of €6 million for fixing prices and allocating customers.

14 January 2021

Spain shuts down multiple solid fuel cartels

Spain’s competition authority has fined six companies and five executives a total of €3.7 million for operating three separate cartels in the solid fuels sector.

14 January 2021

ECJ rules on bid-rigging infringement periods

Bid rigging schemes end on the date that the infringing company signs a contract with the party that put out the tender, the European Court of Justice has ruled.

14 January 2021

Romania sanctions agricultural machinery cartel

Romania’s antitrust authority has fined a pair of machinery producers and seven distributors a combined €26.5 million for fixing prices of agricultural equipment sold to EU-funded projects.

13 January 2021

Poland clamps down on fitness cartel

Poland's competition enforcer has fined eight fitness companies and six of their managers a total of €7.2 million for market sharing, marking only the second time it has fined individuals for an antitrust infringement.

12 January 2021

Canada shuts down criminal cartel probe

Canada’s antitrust watchdog has dropped a criminal investigation examining whether media companies Postmedia and Torstar unlawfully conspired to close down 36 local newspapers.

11 January 2021

Cartels controlling steel and cement sectors, Indian minister says

One of India’s top transportation officials has claimed that cartels are controlling prices in the steel and cement sectors.

11 January 2021

Court denies DOJ’s bid to block acquitted FX trader from using certain evidence

A New York federal judge has denied the Department of Justice’s request to block former Citigroup trader Rohan Ramchandani from using admitted trial exhibits in civil proceedings before another government agency.

11 January 2021

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