Topic: Price fixing

Hong Kong enforcer moves to punish suspected air conditioning cartel

Hong Kong’s competition watchdog has accused two engineering companies and three individuals of colluding to fix prices and rig bids for air conditioning work, potentially impacting sales with an overall value of €243 million.

17 June 2022

Taiwan’s Supreme Court reinstates cartel fines against power companies

Taiwan’s top court has reinstated a 2013 decision to fine nine power companies more than €190 million for fixing electricity prices, holding that a lower court erred in cancelling those penalties.

17 June 2022

A Q&A with Brian Poe

The Department of Justice lost its first-ever criminal wage-fixing trial earlier this spring when a federal jury in Texas acquitted John Rodgers and Neeraj Jindal of conspiring to reduce wages for physical therapists. Brian Poe, who represented Rodgers as an independent defence lawyer, spoke to GCR USA about where he believes the government lost the jury and why his client was the wrong trial balloon.

13 June 2022

UK appeals court upholds dismissal of chip cartel follow-on claim

A UK appeals court has rejected Gemalto’s request to overturn a lower court’s decision that dismissed its €480 million follow-on damages claim against smart card chip makers as time-barred, ruling the company did not need to know every aspect of the cartel to file the claim.

10 June 2022

Korea hits more freight shippers with price-fixing sanctions

Korea’s antitrust watchdog has fined 15 freight shippers a total of €60 million for operating a 17-year cartel that fixed prices on routes to Japan, but declined to impose any fines on different liner operators for similar conduct affecting routes to China.

09 June 2022

Portugal punishes Unilever in seventh hub-and-spoke decision

The Portuguese Competition Authority has fined consumer goods manufacturer Unilever and four supermarket chains a combined €132 million in its latest infringement decision involving hub-and-spoke arrangements in the retail sector, bringing the total fines to over €645 million.

09 June 2022

Australian judge suspends prison terms in first individual cartel sentences

An Australian judge has issued the first-ever prison sentences to individuals convicted of breaching the country's cartel rules, although the four defendants will avoid serving any time in jail for their conspiracy to fix exchange rates if they comply with good behaviour orders.

09 June 2022

KFTC fines duck processing cartel

Korea’s Fair Trade Commission has fined nine duck meat processing companies and an industry association more than €4.6 million in total for fixing prices and restricting supply over nearly five and a half years.

08 June 2022

PSA fails in bid to access foreign enforcer documents in UK cartel claim

Car safety equipment manufacturers need not disclose documents they gave to competition authorities outside the EU for the PSA Group to use in a follow-on damages claim against them, the UK’s Competition Appeal Tribunal has ruled.

07 June 2022

UK sportswear retailers confess to fixing football kit prices

The UK’s Competition and Markets Authority has accused Rangers Football Club and two sportswear retailers of colluding to fix the prices of Rangers-branded clothing at the expense of football fans.

07 June 2022

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