Work Area: Cartels

Canada approves second settlement in linear resistors cartel class action

A Canadian court has approved another settlement deal in the linear resistors cartel class actions, marking the second settlement related to three separate class actions accusing resistor manufacturers of participating in a 12-year global price-fixing scheme.

27 January 2022

EU enforcer reimposes fines on Telefónica and Pharol

The European Commission has reissued fines totalling €79 million to telecommunications providers Telefónica and Pharol for implementing a non-compete agreement, six years after the EU’s General Court annulled the original penalties because of an error in the authority’s calculations.

26 January 2022

Pakistan probes suspected collusion over treasury bills

The Competition Commission of Pakistan has launched a full investigation into suspected collusion among banks in recent treasury bill auctions conducted by the government.

26 January 2022

India fines roll-on, roll-off cartel after seven-year probe

The Competition Commission of India has fined three Japanese car shipping companies and 19 individuals more than €7.5 million for conspiring to fix freight rates on multiple routes, becoming the latest agency to penalise the expansive roll-on, roll-off cartel.

25 January 2022

Germany raids power cable manufacturers

Germany’s competition enforcer has raided multiple power cable manufacturers over suspected price-fixing, including several companies that the European Commission has already penalised for cartel conduct.

21 January 2022

Irish competition law amendments expected next week

Ireland’s deputy prime minister has said he will introduce long-awaited competition law amendments into the country’s cabinet on Tuesday.

21 January 2022

Hong Kong enforcer seeks hybrid settlement in ticketing cartel probe

Hong Kong’s Competition Commission has settled cartel claims against a hotel and travel service provider for fixing the price of tickets sold for tourist attractions, although it is seeking sanctions against two other hotels that are challenging the allegations.

20 January 2022

Italy fines petroleum shipping cartel

Italy’s Competition Authority has fined four freight transport companies and their trade association more than €1 million for fixing prices and dividing the local fuel transport market for two years.

19 January 2022

Germany gives feedback on sustainability agreements

Germany’s antitrust enforcer has issued advice clarifying whether a pair of sustainability-focused cooperation agreements comply with competition rules, in a rare move that local lawyers say highlights the need for guidance at an EU level.

18 January 2022

UK’s Payment Systems Regulator issues first-ever antitrust decision

Mastercard and four other prepaid card issuers have been fined more than £33 million after they admitted to colluding to share the market and allocate customers in the UK prepaid welfare card sector for six years.

18 January 2022

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