Topic: Information exchange

Top German court blesses indirect purchaser claims in trucks litigation

The EU trucks cartel likely raised the prices of trucks manufactured and sold by companies that were not part of the collusion, Germany’s highest court has ruled.

15 September 2021

Pakistan hits sugar producers with highest-ever cartel fine

The Competition Commission of Pakistan has fined the Pakistan Sugar Mills Association and 84 of its members a combined €227 million after uncovering “compulsive or pathological” collusion in the sector.

16 August 2021

Spanish court upholds dawn raids on Philip Morris

A Spanish court has confirmed that the country’s antitrust enforcer was entitled to raid Philip Morris in 2017 as part of an information-sharing investigation that ended with the tobacco company being ordered to pay a €15 million fine.

11 August 2021

Singapore to publish business collaboration guidance

Singapore’s antitrust authority is seeking feedback on its proposed business collaboration guidance, aiming to clarify how it will assess the most common types of competitor coordination.

02 August 2021

Last remaining banks settle Canadian forex cartel claims

The four remaining non-settling bank defendants in Canada’s Forex cartel class action have agreed to pay roughly €16.1 million to settle claims that they conspired to manipulate foreign exchange rates.

30 July 2021

South Africa seeks to fine spark plug maker in auto parts probe

The Competition Commission of South Africa has urged the country’s specialist antitrust tribunal to fine NGK Spark Plug Company for its role in the global auto parts cartel.

22 July 2021

Italian court annuls fines on country’s biggest telecoms companies

An Italian court has overturned a decision by the country’s antitrust watchdog to fine four telecommunications companies €228 million for allegedly agreeing to fix monthly mobile phone prices because the authority failed to provide sufficient evidence of any unlawful collusion.

14 July 2021

EU blocks former bank cartelists from coronavirus bond issuances

The European Commission has banned ten banks – including Barclays and Deutsche Bank – from participating in certain bond sales to fund coronavirus recovery due to their previous cartel involvement.

16 June 2021

French recycling company loses ECJ appeal

The European Court of Justice has confirmed that a leniency applicant must provide new facts if it is to secure partial immunity, after dismissing an appeal by a recycling company that claimed it was entitled to a bigger discount after being fined as part of the recycled batteries cartel.

03 June 2021

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