News

CAT orders first communications ban in ro-ro class action

The UK’s Competition Appeal Tribunal has banned direct communications between defendants and class members in a roll-on, roll-off collective claim upon finding it was “not proper conduct” for Baker Botts and Steptoe & Johnson to write letters urging businesses to withdraw from the lawsuit.

29 November 2022

Australia issues longest criminal sentence for cartel conduct

An Australian court has sentenced a former manager at an active pharmaceutical ingredient producer to almost three years in jail for his role in a criminal cartel, although he will not actually see the inside of a cell.

29 November 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

Music streaming intervention wouldn’t help low-income artists, CMA says

The UK’s competition enforcer has heralded digitisation for spurring competition in the music streaming market to the benefit of consumers, but acknowledged that some creators struggle to thrive among the abundance of new artists and renewed popularity of older songs.

29 November 2022

UK appellate court affirms CAT’s decision to expand Merricks class action

A UK appellate court has upheld a ruling by the country’s specialist competition tribunal to allow Walter Merricks to seek damages from Mastercard on behalf of millions of people who died since he filed his opt-out damages claim against the credit card company in 2017.

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

Coscelli joins Keystone Strategy

The former head of the UK’s antitrust watchdog is joining Keystone Strategy’s partnership in London, where he will co-lead its European competition economics practice alongside Cristina Caffarra.

29 November 2022

EU approves vehicle leasing merger with divestment remedies

The European Commission has ordered two global vehicle leasing companies to sell parts of their businesses in six countries as part of a decision to conditionally clear their tie-up during a Phase I review.

28 November 2022

German enforcer laments legal barriers stopping intervention in fuel market

Germany’s Federal Cartel Office has bemoaned the “extremely high” legal barriers preventing it from using its competition powers to intervene in fuel markets to tackle soaring petrol prices, after finding no evidence of anticompetitive conduct in the first part of its study into the sector.

28 November 2022

Hong Kong raids fish market over price-fixing claims

Hong Kong’s Competition Commission has raided one of the territory’s most important fish markets, as part of a joint operation with local organised crime investigators.

28 November 2022

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