Topic: Price fixing

Taiwan fines domestic airlines for price-fixing

Taiwan’s competition watchdog has fined three airlines for fixing the price of airline tickets on routes between Taipei and the country’s outlying islands.

18 June 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

Pakistan uncovers milk cartel

The Competition Commission of Pakistan has said that an investigation into the dairy sector has uncovered evidence that three leading trade associations conspired to fix milk prices in Karachi.

16 June 2021

Hong Kong judge refuses to split Shell trial for second time

An aluminium manufacturer accusing Shell and another fuel supplier of collusion in Hong Kong has had its request to split its upcoming trial into separate liability and quantum proceedings denied.

08 June 2021

Jury hands ACCC loss in first contested criminal cartel case

A jury in Australia has cleared an assistive technology provider and two individuals of criminally attempting to fix prices and rig bids for products used in rehabilitation and aged care.

02 June 2021

EU readopts ICAP cartel decision but cuts fine

The European Commission has readopted its decision against ICAP for its alleged role in a conspiracy to manipulate the market for yen interest rate derivatives but slashed the fine it imposed on the broker by €8 million.

28 May 2021

CADE settles auto parts probe despite dissent from commissioners

ZF Friedrichshafen has agreed to pay €3.3 million to settle an investigation by Brazil’s competition authority into an automotive clutch cartel, although two commissioners at the agency voted against the fine for being too lenient.

27 May 2021

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