Work Area: Cartels

EU enforcer made to pay compound interest on annulled cartel fines

The European Court of Justice has clarified what default interest the European Commission has to pay when refunding cartel fines annulled by the EU courts.

21 January 2021

Ireland consults on competition law changes

Ireland’s government has proposed a suite of new reforms that would empower the country’s antitrust enforcer to bring gun-jumping cases and unwind already-competed deals that fall below merger notification thresholds.

21 January 2021

Singapore’s appeal board slashes record fines

Singapore’s Competition Appeal Board has reduced record fines levied against several chicken producers after finding that the country’s competition watchdog failed to prove that they agreed to share the market.

21 January 2021

UK mobile operators challenge disclosure ruling

Judges presiding over competition law damages claims cannot order defendant companies to ask their employees to hand over personal electronic devices, the UK’s leading mobile operators have argued before the Court of Appeal of England and Wales.

19 January 2021

Colombia issues first Odebrecht collusion fines

Colombia’s competition authority has fined Odebrecht, two other construction companies and four individuals a combined €70.6 million for rigging a tender to construct a highway project worth more than €1 billion.

18 January 2021

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

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