Topic: Price fixing

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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