Topic: Price fixing

Taro admits collusion to end DOJ probe

Taro Pharmaceuticals has entered into a deferred prosecution agreement with the Antitrust Division, but it is costing the generic drugmaker $419 million and an admission that its price-fixing conspiracy impacted more than $500 million worth of commerce.

24 July 2020

Generic pharma plaintiffs say states’ Teva case should be among first tried

Drug purchasers suing generic pharmaceutical companies for an alleged antitrust conspiracy have told a federal judge that the case brought by a large group of state attorneys general centred on Teva Pharmaceuticals should be among the first to go to trial.

10 July 2020

UK court sides with CMA in first contested disqualification case

A UK court has disqualified a former estate agent director for failing to prevent a price-fixing conspiracy, in the first contested case of its kind.

03 July 2020

CMA settles with eye treatment cartelists

The UK’s Competitions and Markets Authority has fined a private hospital group and seven consultants £1.2 million, as they admitted to fixing prices for private eyecare appointments.

01 July 2020

Portugal issues fourth food retail hub-and-spoke SO

The Portuguese Competition Authority has issued a statement of objections to three supermarket chains and a baked goods supplier as part of another investigation into price fixing in the food retail sector.

26 June 2020

India’s largest delivery platform cleared of price-fixing

India’s competition authority has concluded that Swiggy – the country’s largest food delivery platform – did not abuse its dominance by setting artificially high prices for takeaway meals.

24 June 2020

Third Circuit upholds egg producers’ trial win

A federal appellate court has affirmed a judge’s treatment of allegations that egg producer Rose Acre Farms conspired with other producers to fix prices.

23 June 2020

Union lashes out at ACCC over price-fixing warning

The Transport Workers Union of Australia has demanded an apology from the country’s competition watchdog after it sent a warning letter to one of the association’s members who wrote an opinion article urging drivers to maintain their prices.

17 June 2020

Ex-Bumble Bee CEO receives 40-month sentence

A California federal court has sentenced the former chief executive of Bumble Bee Foods to 40 months in prison for conspiring to fix prices for canned tuna.

17 June 2020

States file third suit against generics industry

A coalition of 51 US states and territories have filed their third sweeping antitrust lawsuit against the generic pharmaceuticals industry, alleging a massive conspiracy to fix prices for topical skin treatments.

11 June 2020

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