Work Area: Cartels

German court dismisses €73 million damages claim against FCO

A German court has dismissed an agricultural company’s damages claim that accused the Federal Cartel Office of breaching the principle of equality by inviting three cartel participants to apply for leniency.

03 December 2020

Forex claimants secure convicted ex-trader as expert

Courts in London and New York have allowed claimants seeking antitrust damages from banks accused of rigging foreign exchange rates to use former Barclays trader-turned-whistleblower Jason Katz as a consultant.

02 December 2020

Australian medicine company hit with 33 criminal cartel charges

An Australian company that produces active pharmaceutical ingredients and its former export manager have each been charged with 33 criminal cartel offences following an investigation by the country’s competition watchdog.

01 December 2020

Lithuania cuts cartel fines by 80% due to covid-19

Lithuania’s Competition Council has slashed the cartel fines it planned to levy against two of the country’s largest film distributors and a cinema operator because of the covid-19 pandemic.

27 November 2020

ECJ orders reconsideration of heat stabiliser cartel fines

The European Court of Justice has ordered the General Court to reconsider its ruling annulling the European Commission’s fines against three companies involved in the heat stabiliser cartel.

26 November 2020

Norway issues highest-ever cartel fine

The Norwegian Competition Authority has imposed its highest-ever fine for a cartel infringement, ordering Verisure to pay €72.5 million for colluding with a rival to share the market for home alarms.

25 November 2020

Italy probes data collection in anti-fraud project

Italy’s Competition Authority is investigating whether an insurance industry group’s collection of data and use of algorithms for an anti-fraud tool could facilitate anticompetitive information-sharing and collusion.

17 November 2020

Taiwan fines hard disk drives cartel

Taiwan’s competition watchdog has imposed nearly €18 million in fines on three companies it said exchanged sensitive information and fixed the price of hard disk drives components.

16 November 2020

Turkey opens price-fixing and no-poach probe

Turkey’s antitrust watchdog has launched a cartel probe into eight private hospitals for allegedly fixing the price of surgery room fees charged to freelance physicians and agreeing not to poach each other’s doctors.

13 November 2020

South Africa closes 11-year cement cartel case

The Competition Tribunal of South Africa has approved a settlement between the country’s antitrust enforcer and a leading cement supplier, granting the company immunity 11 years after it first launched the cartel probe.

12 November 2020

Get unlimited access to all Global Competition Review content