Work Area: Cartels

Irish motor insurance probe ends with compliance commitments

The Irish antitrust watchdog has secured compliance commitments from six motor insurance providers including Aviva and Allianz, but observers have branded the remedies an unsatisfactory ending to the agency’s first price-signalling investigation.

24 August 2021

Finnish court follows ECJ ruling on bid-rigging infringement periods

A Finnish court has confirmed that the country’s competition authority ran out of time to fine a telecommunications provider €35 million for bid-rigging after applying a European Court of Justice ruling that clarified when such infringements end.

23 August 2021

CADE split on school cartel fines

Brazil's antitrust authority remains divided on how it should calculate fines levied on a school uniform cartel, with lawyers saying the uncertainty makes cases unpredictable and inconsistent.

23 August 2021

China busts cement cartel

China’s competition watchdog has fined a trade association and eight member companies more than €37.6 million for conspiring to fix the price of ready-mixed concrete, as well as restrict supply and allocate the market.

20 August 2021

Spain doles out €61 million fines for rigging road service tenders

Spain’s competition authority has fined 12 infrastructure companies €61.2 million for rigging bids that handed them 63% of the nation’s overall road network budget.

20 August 2021

Prosecutor trims “defective” indictment in landmark Australian cartel case

Australia’s public prosecutor has cut down a cartel indictment lodged against ANZ, Citigroup, Deutsche Bank and several of their employees in response to a judge’s criticism of the initial charges as “defective”.

18 August 2021

Mexico hits drug distributors with highest possible fine

Mexico’s competition enforcer has fined five drug distributors, an industry association and 21 executives the highest possible combined sanction of €38.5 million, while also disqualifying senior company employees for the first time in its history.

17 August 2021

Australian prosecutor abandons first criminal case against a trade union

A major Australian trade union has urged the head of the country’s competition watchdog to quit after the public prosecutor dropped price-fixing charges against the organisation because witnesses found it difficult to remember details of the alleged conduct.

17 August 2021

Pakistan hits sugar producers with highest-ever cartel fine

The Competition Commission of Pakistan has fined the Pakistan Sugar Mills Association and 84 of its members a combined €227 million after uncovering “compulsive or pathological” collusion in the sector.

16 August 2021

Russia raids luxury goods stores

Russia’s competition authority has raided several luxury goods retailers and distributors over suspicions of an international price-fixing conspiracy.

12 August 2021

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