Cartels

Battery recycling cartel appeal thrown out by ECJ

Battery recycling cartel appeal thrown out by ECJ

21 March 2019

The European Court of Justice has dismissed a battery recycling company’s appeal against a cartel fine because it filed its challenge after the two-month statutory deadline had elapsed.

Russian enforcer closes two cases against R-Pharm

Russian enforcer closes two cases against R-Pharm

20 March 2019

Russia’s Federal Antimonopoly Service has closed a cartel investigation into the drugmaker R-Pharm but found the company liable for unlawful coordination in a separate case.

Lithuania set to pay whistleblowers

Lithuania set to pay whistleblowers

18 March 2019

Lawmakers in Lithuania have approved new powers for the competition authority, which would allow it to financially reward whistleblowers, impose penalties for procedural breaches and demand structural remedies from companies that commit antitrust infringements.

Glencore confirms India raids

Glencore confirms India raids

18 March 2019

India’s competition authority has raided three commodities trading companies, two years after the country’s Ministry of Finance reportedly found that they had colluded to artificially inflate dal prices in the midst of a drought.

Spanish Supreme Court annuls authority dawn raid

Spanish Supreme Court annuls authority dawn raid

15 March 2019

The scope of a dawn raid order that Spain’s antitrust enforcer used to obtain documents was too broad, the country’s Supreme Court has ruled in annulling an infringement decision.

ECJ: Restructuring doesn’t block private damages claims

ECJ: Restructuring doesn’t block private damages claims

14 March 2019

Dissolving or restructuring a company that participated in a cartel does not protect its successor or acquirer from being pursued for antitrust damages, the European Court of Justice has ruled.

Japanese authority expected to issue record antitrust fine

Japanese authority expected to issue record antitrust fine

07 March 2019

Japan’s competition enforcer is preparing to issue its largest-ever fine to eight construction companies that fixed prices and it will increase the sanctions by 50% due to repeat offending in the sector, according to local media.

First bid-rigging fines handed down in Malaysia

First bid-rigging fines handed down in Malaysia

07 March 2019

Malaysia’s antitrust watchdog has issued its first bid-rigging infringement decision, fining eight companies a total of €419,635 for colluding in response to tender requests by the country’s only public arts university.

Greece ends record-breaking cartel probe

Greece ends record-breaking cartel probe

06 March 2019

Greece’s Competition Authority has fined four construction companies €25 million as part of a major bid-rigging probe, which saw the enforcer use information from leniency applications and agree a hybrid settlement for the first time.

EU fines car part suppliers

EU fines car part suppliers

05 March 2019

Two car safety equipment suppliers will pay the European Commission €368 million in fines for participating in two separate cartels that exchanged information about the sale of steering wheels, airbags and seatbelts to BMW and Volkswagen.