News

Italy probes "orphan drug" excessive pricing

Italy probes "orphan drug" excessive pricing

16 October 2019

Italy’s Competition Authority has launched a preliminary investigation into a pharmaceutical group for abusing its dominant position by charging excessive prices.

Italy fines equestrian regulator for breaking commitments

Italy fines equestrian regulator for breaking commitments

16 October 2019

Italy’s antitrust enforcer has issued a €450,000 fine to the country’s equestrian sports regulator for failing to comply with commitments imposed in 2011 and for abusing its dominance in the amateur equestrian events market.

EU hits Broadcom with rare interim measures

EU hits Broadcom with rare interim measures

16 October 2019

The European Commission has used interim measures for the first time in almost two decades, ordering Broadcom to stop imposing exclusivity and quasi-exclusivity requirements on purchasers of its chipsets.

COFECE accuses banks of bond cartel

COFECE accuses banks of bond cartel

15 October 2019

Mexico’s antitrust enforcer has initiated administrative proceedings against several banks – reportedly Citigroup, Banco Santander, Bank of America, Barclays, Deutsche Bank, JPMorgan Chase and Banco Bilbao Vizcaya Argentaria – for allegedly conspiring to fix bond prices.

European enforcers go after Agrokor and its successor for gun-jumping

European enforcers go after Agrokor and its successor for gun-jumping

15 October 2019

Slovenia's competition authority has imposed a €53 million fine on Agrokor for failing to notify its 2016 acquisition of Ardeya Global, while Serbia’s competition enforcer is investigating Agrokor’s successor for gun-jumping.

UK retailer accuses Nike and Adidas of abuse

UK retailer accuses Nike and Adidas of abuse

15 October 2019

Sports Direct has lashed out at Nike and Adidas, alleging they exploit their superior bargaining power to segment the sportswear market and refuse to deal with downstream rivals.

Tobacco companies face heavy fines from Ukranian enforcer

Tobacco companies face heavy fines from Ukranian enforcer

14 October 2019

Ukraine’s competition authority has fined its largest cigarette distributor and four cigarette manufacturers a total of €240 million for conspiring to create artificial barriers aimed at preventing further market entry.

KPMG promotes and recruits economists from CMA

KPMG promotes and recruits economists from CMA

14 October 2019

KPMG has hired two economists from the UK’s Competition and Markets Authority and promoted Caitlin Wilkinson to partner, heading a round of hires and promotions at practices in London and Washington, DC.

US DOJ appellate chief joins Gibson Dunn

US DOJ appellate chief joins Gibson Dunn

14 October 2019

Kristen Limarzi has become a partner in Gibson Dunn & Crutcher’s Washington, DC, office after more than a decade at the US Department of Justice’s antitrust division.

Icelandic court rules shipping investigation is legal

Icelandic court rules shipping investigation is legal

14 October 2019

An Icelandic court has dismissed a shipping company’s claim that the competition authority’s investigation into the company for alleged collusion and abuse of dominance lacks evidence.