Cartels

Cartel savings are no basis to award damages, ABB argues

Cartel savings are no basis to award damages, ABB argues

17 July 2019

The money that a cartelist saves from not competing should not be part of the calculation of damages to compensate a cartel victim, counsel to ABB has said.

ABB ruling rewards cartel activity, BritNed argues

ABB ruling rewards cartel activity, BritNed argues

15 July 2019

A lower court judge made a “legal error” in undercompensating a victim of the power cables cartel, with an effect that “positively rewards” the anticompetitive conduct, counsel to BritNed has said.

General Court rejects optical disk drive appeals

General Court rejects optical disk drive appeals

12 July 2019

The EU’s General Court has rejected appeals from five members of the optical disk drive cartel to have their collective fines of €116 million annulled or reduced.

French enforcer suffers massive cartel fine reductions

French enforcer suffers massive cartel fine reductions

11 July 2019

A French court has slashed fines for six companies across two flour cartels because the country’s antitrust agency wrongly calculated the duration of the infringement and some of the cartelists were in financial difficulty.

Germany blocks waste recycling deal

Germany blocks waste recycling deal

11 July 2019

Germany’s antitrust authority has blocked a deal involving the country’s largest waste management company after rejecting proposed structural and behavioural remedies.

General Court slashes fine on tray maker

General Court slashes fine on tray maker

11 July 2019

The EU’s General Court has struck out €22 million of a €33 million fine imposed on Coopbox for participating in the food-packaging cartel, but upheld the fines imposed on fellow plastic tray manufacturers Silver Plastics, Huhtamäki and Italmobiliare.

Switzerland reaches hybrid settlement in car lease probe

Switzerland reaches hybrid settlement in car lease probe

11 July 2019

Switzerland’s antitrust agency has agreed a CHF 30 million (€26.96 million) hybrid settlement with eight car leasing companies who colluded to exchange information on vehicle leasing rates.

ECJ upholds annulment of ICAP fine

ECJ upholds annulment of ICAP fine

10 July 2019

A €14.9 million cartel fine on brokerage firm ICAP cannot stand due to the European Commission’s procedural errors, the European Court of Justice has ruled.

CMA investigates private healthcare market

CMA investigates private healthcare market

09 July 2019

The UK’s Competition and Markets Authority is investigating suspected collusion in the private healthcare market, five years after it first attempted to overhaul the sector.

Russian enforcer says cartel aided Indian religious group

09 July 2019

Russia’s antitrust watchdog has alleged that several companies conspired to rig bids for medical devices and cleaning products – and that the purported cartel supported a “radical religious organisation”.