Work Area: Cartels

Korea fines shippers in major price-fixing case

Korea’s antitrust authority has fined 23 shipping companies nearly €71 million for fixing freight rates over a 15 year period, although the penalty is significantly lower than some expected.

18 January 2022

Four arrested in Hong Kong over suspected cartel with organised crime link

Four individuals have been arrested in Hong Kong following a joint raid by the territory’s competition watchdog and its police force targeting a company suspected of manipulating a tender for building maintenance.

18 January 2022

Namibian enforcer accuses 178 pharmacies of fixing prices

Namibia’s competition watchdog has accused 178 pharmacies and a trade association of illegally fixing prices by imposing a 50% markup on medications, in what is expected to be an important test case for the country’s cartel laws.

17 January 2022

France sanctions bailiff cooperatives for discriminatory membership rules

France’s Competition Authority has fined two separate court bailiff cooperatives for entering into anticompetitive agreements that intended to block potential rivals from entering the market.

14 January 2022

Chip cartelists argue limitation defence in UK follow-on damages claim

Two members of the smart card chip cartel have told a UK court that Gemalto’s follow-on claim against them is time-barred because the technology company could have launched a damages action well before the European Commission issued its infringement decision.

13 January 2022

UK court rejects NTN’s mitigation defence post-settlement

A UK appellate court has dismissed NTN’s claim that Fiat Chrysler mitigated any loss it suffered as a result of the ball bearings cartel, two days after the case was withdrawn because the companies settled the car maker's £80 million follow-on damages claim.

13 January 2022

UK disqualifies director linked to pharma cartel

The former director of a pharmaceutical wholesaler that illegally exchanged information with rivals has committed to stay out of all company management for the next four years, to avoid the UK’s antitrust enforcer obtaining a court order against him.

11 January 2022

Slovakia issues rare fine against construction cartel

Slovakia’s competition authority has imposed an €8.6 million fine on three companies that rigged bids for an energy infrastructure construction contract, in one of the agency’s highest-ever penalty decisions.

11 January 2022

Poland issues pair of truck cartel decisions

Poland’s competition authority has fined six DAF truck dealers and eight managers a total of €26.8 million for allocating the country’s trucks market in two hybrid settlement decisions.

10 January 2022

Guernsey enforcer accuses telecoms providers of information exchange

The Guernsey Competition & Regulatory Authority is considering imposing a fine on two mobile phone companies after they unlawfully exchanged information, shortly after it issued its first-ever antitrust fine.

10 January 2022

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