Topic: Price fixing

Dutch authority drops RPM probe despite uptick in vertical enforcement

The Dutch competition authority has closed an investigation into alleged resale price maintenance in the home furnishings sector, in what appears to be the first case to be discontinued in line with the agency’s guidelines on assessing vertical agreements.

18 August 2021

Prosecutor trims “defective” indictment in landmark Australian cartel case

Australia’s public prosecutor has cut down a cartel indictment lodged against ANZ, Citigroup, Deutsche Bank and several of their employees in response to a judge’s criticism of the initial charges as “defective”.

18 August 2021

Mexico hits drug distributors with highest possible fine

Mexico’s competition enforcer has fined five drug distributors, an industry association and 21 executives the highest possible combined sanction of €38.5 million, while also disqualifying senior company employees for the first time in its history.

17 August 2021

Russia raids supermarkets over price hikes

Russia’s antitrust enforcer has searched the premises of the country’s largest supermarket chains as it investigates suspicions they colluded to raise food prices.

17 August 2021

Australian prosecutor abandons first criminal case against a trade union

A major Australian trade union has urged the head of the country’s competition watchdog to quit after the public prosecutor dropped price-fixing charges against the organisation because witnesses found it difficult to remember details of the alleged conduct.

17 August 2021

Pakistan hits sugar producers with highest-ever cartel fine

The Competition Commission of Pakistan has fined the Pakistan Sugar Mills Association and 84 of its members a combined €227 million after uncovering “compulsive or pathological” collusion in the sector.

16 August 2021

Russia raids luxury goods stores

Russia’s competition authority has raided several luxury goods retailers and distributors over suspicions of an international price-fixing conspiracy.

12 August 2021

Divided Second Circuit “carefully” defers to China in Vitamin C rerun

Chinese law required Vitamin C manufacturers to fix prices, the US Court of Appeals for the Second Circuit has ruled once again following instructions from the Supreme Court.

11 August 2021

Hong Kong judge sceptical of cartel allegations in Shell case

The judge presiding over an aluminium manufacturer’s claims that Shell and a rival fuel provider colluded to fix industrial diesel prices has questioned whether the accuser has even put forth a prima facie case.

10 August 2021

Malaysia fines warehousing cartel

Malaysia’s Competition Commission has fined seven warehousing companies for fixing import and export cargo handling service fees at the country’s major port.

10 August 2021

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