News

Spanish enforcer suffers another loss

Spanish enforcer suffers another loss

16 January 2019

Spain’s highest court has upheld a decision annulling €120 million in fines on Orange, Vodafone and Telefónica, marking the second major cancellation of a multimillion-euro antitrust sanction by the nation’s courts in less than a week.

Panasonic granted leniency in India

Panasonic granted leniency in India

16 January 2019

India’s competition watchdog has granted Panasonic’s local subsidiary immunity for its role in a dry cell battery cartel, but has levied more than €123,200 in penalties on consumer goods company Godrej & Boyce and its directors.

ECJ confirms that EU enforcer violated UPS’s defence rights

ECJ confirms that EU enforcer violated UPS’s defence rights

16 January 2019

The European Court of Justice has upheld a lower court’s decision finding that the European Commission violated its own procedural rules when it blocked UPS’s attempted takeover of TNT in 2013.

BA should be liable for earliest cartel conduct, claimants argue

BA should be liable for earliest cartel conduct, claimants argue

15 January 2019

Claimants against the air cargo cartel have argued that they should be able to claim damages from British Airways dating back three years earlier than a UK trial court had ruled.

CADE probes alleged aviation insurance cartel

CADE probes alleged aviation insurance cartel

15 January 2019

Brazil’s antitrust watchdog is investigating 11 aviation and aerospace insurance and brokerage companies that allegedly exchanged information, in what appears to be a similar probe to one already underway by the European Commission.

Gas company sued in New Zealand

Gas company sued in New Zealand

15 January 2019

New Zealand’s competition watchdog has sued the country’s largest natural gas pipeline owner for trying to block a competitor’s expansion and then buying the same rival without notifying the deal or obtaining the enforcer’s approval.

German enforcer reportedly opposes Siemens/Alstom

German enforcer reportedly opposes Siemens/Alstom

14 January 2019

Germany’s competition authority has joined several other national enforcers in opposing the proposed Siemens/Alstom merger, according to news media.

Indonesia fines construction cartel

Indonesia fines construction cartel

14 January 2019

Indonesia’s antitrust watchdog has fined three companies and sanctioned several government officials for a bid-rigging conspiracy on a bridge project.

Procedure trips up Spanish enforcer again

Procedure trips up Spanish enforcer again

14 January 2019

A Spanish court has annulled a €57 million cartel fine because the national competition authority’s investigation exceeded the maximum allowed duration by five days.

MoFo recruits from Latham in Tokyo

MoFo recruits from Latham in Tokyo

14 January 2019

Daiske Yoshida has left Latham & Watkins after more than 20 years at the firm to join Morrison & Foerster’s Tokyo office as a partner.