Work Area: Cartels

Spain promises to credit compliance schemes

Spain’s antitrust enforcer has released welcome new guidance on compliance programmes and potential fine discounts, creating what lawyers say is a “real incentive” for companies to introduce truly effective internal policing schemes.

19 June 2020

Spanish court sends time limit questions to ECJ

A Spanish court has asked the European Court of Justice if the EU damages directive applies to a follow-on claim brought against members of the trucks cartel, although one lawyer has criticised its questions for being “shortsighted”.

18 June 2020

Wallenius Wilhelmsen pleads guilty in Australia

Norwegian shipping company Wallenius Wilhelmsen Ocean has pleaded guilty to criminal cartel charges in Australia’s Federal Court.

18 June 2020

Union lashes out at ACCC over price-fixing warning

The Transport Workers Union of Australia has demanded an apology from the country’s competition watchdog after it sent a warning letter to one of the association’s members who wrote an opinion article urging drivers to maintain their prices.

17 June 2020

Ex-Bumble Bee CEO receives 40-month sentence

A California federal court has sentenced the former chief executive of Bumble Bee Foods to 40 months in prison for conspiring to fix prices for canned tuna.

17 June 2020

Pakistan accuses 46 hardware suppliers of bid rigging

Pakistan’s antitrust authority has made a preliminary finding that 46 suppliers of transmission line hardware material to electric power distribution companies rigged bids in violation of the country’s competition law.

16 June 2020

CMA secures more director disqualifications

The UK’s Competition and Markets Authority has disqualified two estate agent directors for a total of 13 years, as both men admitted to participating in a price-fixing cartel.

15 June 2020

Roofing suppliers confess in CMA cartel probe

Two of the UK’s largest rolled lead roofing suppliers have told the Competition and Markets Authority that they entered into four separate anticompetitive agreements to fix prices and share markets, opening themselves up to over £11 million in fines.

12 June 2020

States file third suit against generics industry

A coalition of 51 US states and territories have filed their third sweeping antitrust lawsuit against the generic pharmaceuticals industry, alleging a massive conspiracy to fix prices for topical skin treatments.

11 June 2020

New Zealand court punishes pharmacy and director for price-fixing

The Wellington High Court has fined a pharmacy and one of its directors for fixing the prices of prescription items in 2016.

10 June 2020

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