Topic: Price fixing

Moldova levies record fine against crop protection cartel

Moldova’s antitrust enforcer has issued its highest-ever fine after concluding that four distributors of crop protection products fixed prices, although the companies claim the probe was motivated by the chairman’s private business interests in that market.

12 April 2021

New Zealand’s criminal cartel regime goes live

New Zealand has launched its long-awaited criminal cartel regime, meaning that price-fixing, market allocation and bid-rigging can now be punished with a jail sentence of up to seven years.

08 April 2021

Split Ninth Circuit reverses certification of tuna classes

The US Court of Appeals for the Ninth Circuit has vacated the certification of three classes of tuna purchasers alleging a price-fixing conspiracy after determining that a lower court failed to fully evaluate whether a large portion of class members ever suffered harm.

07 April 2021

UK ro-ro class action claim listed for November

The UK's Competition Appeal Tribunal has delayed a class certification hearing relating to the EU roll-on roll-off shipping cartel to November over concerns that listing it earlier would leave some defendant counsel unable to attend.

19 March 2021

ECJ endorses staggered hybrid settlements

The European Court of Justice has ruled that a hybrid settlement decision by the European Commission in the steel abrasives cartel did not prejudice the non-settling company Pometon, but advised that only limited information about non-settling conspirators should be included in these decisions.

18 March 2021

Mexico issues chargesheet in “widest” ever cartel probe

Mexico's competition enforcer has accused 56 liquefied petroleum gas suppliers and 34 individuals of sharing markets and colluding on prices, in what it says is its largest-ever investigation.

18 March 2021

Second Circuit grapples with “transparency” in Vitamin C rerun

A federal appellate court has queried how the Chinese government’s transparency about its legal system should impact the amount of deference it is given in defining laws that apparently mandated alleged price-fixing between vitamin makers.

18 March 2021

Israel launches criminal proceedings against elevator cartel

Israel's Competition Authority has filed criminal charges against five elevator companies – including Schindler and Kone – and their directors for allegedly fixing prices for maintenance services.

15 March 2021

CMA disqualifies roofing supply cartel directors

The UK's Competition and Markets Authority has disqualified three directors at two rolled lead suppliers after they conspired to fix prices and divide markets in the construction industry.

10 March 2021

Colombia shuts down mining cartel

Colombia’s state-owned oil producer has escaped sanctions after the country’s competition authority found no evidence it promoted a cartel in the mining sector that resulted in fines for nine companies, eight of their executives and a trade association.

09 March 2021

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