Work Area: Cartels

Israel launches criminal proceedings against elevator cartel

Israel's Competition Authority has filed criminal charges against five elevator companies – including Schindler and Kone – and their directors for allegedly fixing prices for maintenance services.

15 March 2021

CMA disqualifies roofing supply cartel directors

The UK's Competition and Markets Authority has disqualified three directors at two rolled lead suppliers after they conspired to fix prices and divide markets in the construction industry.

10 March 2021

Colombia shuts down mining cartel

Colombia’s state-owned oil producer has escaped sanctions after the country’s competition authority found no evidence it promoted a cartel in the mining sector that resulted in fines for nine companies, eight of their executives and a trade association.

09 March 2021

Chesapeake Energy settles market allocation allegations with Pennsylvania

Chesapeake Energy has settled claims it conspired to allocate fracking locations with a rival drilling company.

09 March 2021

DAF loses bid to quash truck claimants' funding arrangements

A UK appellate court has denied DAF’s attempt to strike out funding arrangements for two proposed class action claims seeking damages arising from its participation in the high profile Trucks cartel.

08 March 2021

COMESA's antitrust agency plans to amp up enforcement

The Common Market for Eastern and Southern Africa's Competition Commission has said it plans to shift its resources towards "hard enforcement" in its fight against cartels, after a softer approach failed to deter anticompetitive agreements.

05 March 2021

Finnish court reduces insulation cartel fines

Finland's Market Court has fined two building insulation manufacturers a total of €3.2 million for fixing styrofoam prices, although it reduced the total sanctions because the national competition enforcer failed to prove that the conspiracy lasted as long as it claimed.

05 March 2021

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