Work Area: Cartels

Vyera and Martin Shkreli fail in bid to end Daraprim lawsuit

A federal judge in New York has ruled that Martin Shkreli and his company Vyera Pharmaceuticals must face an FTC lawsuit accusing them of scheming to maintain the company’s monopoly over antiparasitic drug Daraprim.

19 August 2020

GCR survey reveals doubts over covid-19 collaboration protection

Global Competition Review has published a study looking into the extent of competitor collaboration during the covid-19 pandemic, which suggests that lawyers are wary of enforcement in a post-coronavirus world.

18 August 2020

Chilean court rejects roll-on roll-off time-bar claims

Chile’s highest court has imposed fines totalling US$19.6 million on Eukor, CMC and K-Line, after overturning a decision by the country’s competition tribunal not to impose sanctions on the companies for their role in the global roll-on roll-off shipping cartel.

17 August 2020

China publishes four antitrust guidelines

China’s competition watchdog has published long-awaited antitrust guidelines on leniency, commitments, intellectual property rights and the automotive sector.

17 August 2020

South African enforcer loses cement cartel appeal

Attending a meeting where price-fixing or market allocation agreements are made does not automatically prove a company is guilty of participating in a cartel, an appellate court in South Africa has ruled.

14 August 2020

Google and Facebook sued for alleged cartel against crypto

A class action lawsuit has been filed against Facebook and Google in Australia alleging that the technology companies violated anti-cartel rules by banning all crypto-related advertising.

14 August 2020

German automakers say conspiracy claims are legally deficient

German carmakers have again asked a Northern California federal judge to reject direct and indirect purchasers’ allegations that they illegally conspired to restrict competition, saying “there is no plausible way” to plead what the plaintiffs need to plead.

13 August 2020

Ex-Citibank trader wins unfair dismissal claim but loses on rehiring plea

A UK employment tribunal has refused to reinstate a former Citibank foreign exchange trader acquitted of rigging forex rates, despite admonishing the bank for its “complete and utter failure” to follow a proper dismissal procedure.

11 August 2020

South Africa’s 13-year maize cartel probe nears conclusion

South Africa’s antitrust watchdog is nearing the end of its “protracted and complex” maize milling cartel investigation – which began in 2007 – after the country’s competition tribunal confirmed its 14th and penultimate settlement agreement.

11 August 2020

Canada updates collaboration guidelines

Canada’s Competition Bureau has published a draft revision of its competitor collaboration guidelines, recommending changes to the guidance for the first time since it was introduced in 2009.

06 August 2020

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