News

CCI dismisses predatory pricing case against Uber

The Competition Commission of India has dismissed a six-year-old complaint accusing Uber of abusing its dominance by pricing its services below-cost and entering into exclusivity agreements with its drivers.

15 July 2021

Singapore proposes renewing block exemption for liner shipping

Singapore’s competition agency has proposed renewing a block exemption for liner shipping agreements that allows for price discussions among competitors.

15 July 2021

Banks urge UK tribunal to avoid opt-out route in Forex cartel claims

Neither of the proposed UK class actions seeking damages from members of the Forex cartel should proceed on an opt-out basis, the defendant banks have argued.

14 July 2021

CMA set to take telecoms deal to Phase II

Cellnex has five days to offer remedies that address competition concerns related to its proposed acquisition of certain CK Hutchison assets to avoid an in-depth probe, the UK’s Competition and Markets Authority has said.

14 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

Indonesian enforcer fines airline for Mecca ticket discrimination

Indonesia’s competition watchdog has fined Garuda Indonesia for discriminatory conduct on ticket sales to the Middle East for a religious pilgrimage after the airline failed to fix its conduct.

14 July 2021

Aon and Willis offer major divestments in New Zealand

Aon and Willis Towers Watson have offered a comprehensive divestiture package in New Zealand to allay concerns that their €30 billion merger would harm competition for reinsurance and commercial risk broking services.

14 July 2021

Amazon accused of price gouging during pandemic

A trade union has filed an antitrust complaint against Amazon in the UK alleging that the platform operator abused its dominance by excessively raising the price of essential items during the coronavirus pandemic.

13 July 2021

Forex cartel had marketwide impact on every currency trade, UK tribunal told

Banks that rigged foreign exchange rates for specific currency trades also tacitly colluded on pricing strategies, affecting other trades between different customers and banks that were not part of the conspiracy, an expert economist has told the UK’s Competition Appeal Tribunal.

13 July 2021

France fines Google for breaching multiple injunctions

France’s Competition Authority has fined Google €500 million for breaching interim measures related to its negotiations with news publishers to determine an acceptable fee for displaying content in its search results.

13 July 2021

Get unlimited access to all Global Competition Review content