Topic: Information exchange

Argentina imposes rare structural remedy on nightclub cartel

Argentina’s antitrust watchdog has issued a rare decision to break up a nightclub operator while imposing €1.4 million in fines on a cartel that fixed prices and divided a local discotheque market.

02 December 2022

EU fines chemical buyers €157 million for purchasing cartel

The European Commission has fined five buyers of styrene monomer a combined €157 million after they admitted to colluding on purchase price negotiations and exchanging sensitive commercial information.

29 November 2022

Norway books publishers for nine-year cartel

Norway’s antitrust watchdog has fined the country’s four largest book publishers a combined €52 million for colluding to exchange information through an online library and bookstore information database.

29 November 2022

Austria urges top court to intervene in construction cartel case

Austria’s antitrust watchdog has asked the country’s highest court to rebuke a lower court for refusing to review and amend a leniency applicant’s cartel fine, arguing that the purported legal loophole does not exist.

25 November 2022

General Court orders steel cartelist to pay commission back-dated interest

The EU General Court has ordered German steel producer WDI to pay the European Commission overdue interest on a decade-old cartel fine, ruling that its earlier decision to annul and then reimpose the company’s penalty does not constitute a new sanction.

23 November 2022

Brazil fines silicate makers for 13-year cartel

Brazil’s competition authority has fined three manufacturers and 13 individuals a total of €11 million for colluding to fix prices, share information and divide the market for the production and supply of silicate for at least 13 years.

14 November 2022

Evidence disclosure is not limited to pre-existing documents, ECJ rules

The EU’s highest court has clarified that the disclosure of relevant evidence in antitrust damages claims applies to both existing and non-existing documents that a party may need to create from scratch.

10 November 2022

Hong Kong nets record €19.5 million settlement for air conditioning cartel

A Hong Kong-based building services provider has agreed to pay a record-high €19.5 million fine for rigging bids to service air conditioning units in a settlement that resolves two separate probes.

04 November 2022

EU will not aggressively challenge information exchanges in dual distribution scenarios, official says

Information exchanges between a supplier and its downstream competitors are still assumed to create efficiencies, despite the recent removal of certain safeguards for such behaviour in the EU’s Vertical Block Exemption Regulation, a European Commission official has said.

01 November 2022

Austria seeks significant fines and expands largest-ever cartel probe

Austria’s Federal Competition Authority has asked the country’s specialist competition court to fine two construction companies for taking part in a wide-ranging cartel, while also accusing two more businesses of participating in the conspiracy.

28 October 2022

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