Topic: Price fixing

Pakistan uncovers poultry feed cartel

Pakistan’s antitrust enforcer has made a preliminary finding that 19 poultry feed companies colluded to raise prices in violation of the country’s competition law.

10 May 2021

National courts can expand air cargo damages claims, AG Bobek says

National courts can award victims of the air cargo cartel damages for collusion that affected certain routes before EU competition rules became effective in 2004, an EU advocate-general has said.

06 May 2021

New Zealand enforcer seeks fine against alleged taxi conspirator

New Zealand’s competition watchdog has asked a local court to fine a taxi company for allegedly colluding with two rivals to implement a minimum charge for taxi rides at the country’s capital airport.

04 May 2021

The Asia-Pacific Round-up (30 April 2021)

News in brief from around the Asia-Pacific region… China doesn’t seem to be slowing down its crackdown on major homegrown technology companies, with reports of a major fine being readied against Tencent and a probe being launched against food delivery giant Meituan. Meanwhile, Australia’s competition watchdog has permitted a group of independent newspapers to collectively seek payment from Facebook and Google for displaying their articles.

30 April 2021

EU levies fines against bond trading cartel

The European Commission has fined Bank of America, Credit Suisse and Crédit Agricole a total of €28.4 million for exchanging information and coordinating prices for SSA bonds, although Deutsche Bank escaped a €21.5 million fine as the leniency-applicant.

28 April 2021

Austria issues more charges in “biggest ever” cartel probe

Austria’s Federal Competition Authority has filed charges against seven subsidiaries of a national construction company as part of its largest-ever cartel investigation.

23 April 2021

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