Work Area: Cartels

ACCC “pre-populated” draft witness statement in ANZ cartel case

Australia’s competition watchdog “pre-populated” a draft witness statement for an employee of a leniency applicant in its landmark ANZ criminal cartel case, according to testimony by one of the agency’s general managers.

24 July 2020

ACCC rejects claims it was “advised” by leniency applicant

An official at Australia’s competition watchdog has rejected allegations that the authority took legal advice from counsel to a leniency applicant in its ANZ criminal cartel case.

24 July 2020

Taro admits collusion to end DOJ probe

Taro Pharmaceuticals has entered into a deferred prosecution agreement with the Antitrust Division, but it is costing the generic drugmaker $419 million and an admission that its price-fixing conspiracy impacted more than $500 million worth of commerce.

24 July 2020

Apple and Amazon raided in Italy

Italy’s Competition Authority has searched the offices of Apple and Amazon as part of an investigation into an alleged conspiracy to restrict unauthorised third-parties from selling Apple’s products on Amazon’s Marketplace platform.

22 July 2020

Hong Kong tribunal approves first cartel settlement

Hong Kong’s specialist competition court has approved a settlement between the territory’s competition authority, two construction companies and one individual, as the defendants admitted to fixing prices and allocating customers at a public housing estate.

22 July 2020

ACCC grilled on evidence gathering in ANZ cartel case

A top official at Australia’s competition watchdog has faced intense questioning about the agency’s decision not to disclose a potentially exculpatory statement in its landmark ANZ criminal cartel case.

21 July 2020

ACCC omitted exculpatory evidence in ANZ cartel case

Australia’s competition watchdog cut out potentially exculpatory witness remarks in its landmark ANZ cartel case, although the former head of the agency’s serious cartels group explained that she did not know why they were removed.

20 July 2020

Indian cartelists escape fines due to coronavirus

India’s competition watchdog has decided not to fine 10 companies that rigged bids to supply equipment to the country’s railways because of the covid-19 pandemic.

14 July 2020

EU settles with ethylene price purchasing cartel

The European Commission has fined three chemical companies €260 million for colluding to push down ethylene prices, while a fourth company has escaped a €190 million penalty for blowing the whistle on the cartel.

14 July 2020

Korea fines steel transport companies

Korea’s competition authority has fined seven companies €33.8 million for rigging bids for the transportation of steel products over 17 years.

13 July 2020

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