Topic: Price fixing

Austria urges top court to intervene in construction cartel case

Austria’s antitrust watchdog has asked the country’s highest court to rebuke a lower court for refusing to review and amend a leniency applicant’s cartel fine, arguing that the purported legal loophole does not exist.

25 November 2022

General Court orders steel cartelist to pay commission back-dated interest

The EU General Court has ordered German steel producer WDI to pay the European Commission overdue interest on a decade-old cartel fine, ruling that its earlier decision to annul and then reimpose the company’s penalty does not constitute a new sanction.

23 November 2022

UK tribunal considers communications ban in ro-ro class action

The UK’s Competition Appeal Tribunal is deciding for the first time what kind of communications can be sent by defendants to members of a class action, after several shipping companies contacted purchasers of roll on, roll off services two weeks before an opt out deadline.

17 November 2022

Singapore shuts down warehousing cartel

Singapore’s antitrust watchdog has fined four warehouse operators a total of €2 million for fixing the price of their services at a large cargo distribution complex.

17 November 2022

Red meat producers fixed wages, employees say

The largest US beef and pork slaughterhouses conspired to artificially depress hourly wages, salaries and benefits paid to their workers, a proposed class of meatpacking plant employees has said.

15 November 2022

Brazil fines silicate makers for 13-year cartel

Brazil’s competition authority has fined three manufacturers and 13 individuals a total of €11 million for colluding to fix prices, share information and divide the market for the production and supply of silicate for at least 13 years.

14 November 2022

Azerbaijan issues rare abuse of dominance fine

Azerbaijan’s competition authority has fined a major national buckwheat producer for abusing its dominance in a decision that one local lawyer said reflects “serious changes” in the country’s antitrust enforcement following the appointment of a new agency head last December.

11 November 2022

General Court confirms re-adopted concrete rebar cartel fines

The EU’s General Court has confirmed the European Commission’s re-adopted sanctions on four concrete rebar cartelists after the agency’s previous decisions were annulled twice, ruling the decades-long case has not exceeded the principle of reasonable duration.

09 November 2022

OPEC sued in Germany

An academic economist has filed a landmark lawsuit against OPEC in Germany, claiming the organisation is operating an illegal cartel that has driven up the prices of gasoline and heating oil.

08 November 2022

Hong Kong nets record €19.5 million settlement for air conditioning cartel

A Hong Kong-based building services provider has agreed to pay a record-high €19.5 million fine for rigging bids to service air conditioning units in a settlement that resolves two separate probes.

04 November 2022

Unlock unlimited access to all Global Competition Review content