Topic: Price fixing

Pakistan raids two companies over freight price-fixing concerns

The Competition Commission of Pakistan has raided the offices of two companies suspected of fixing freight charges at the country’s two leading seaports.

20 May 2022

Currency price-fixer urges court to forego prison time in guilty plea

A woman who has pleaded guilty to two price-fixing charges in Australia has urged a court not to impose a custodial sentence.

18 May 2022

EU advocate general recommends dismissing HSBC Euribor appeal

An advocate general at the European Court of Justice has recommended the court dismiss HSBC’s appeal against a General Court ruling that found it participated in a by-object infringement of competition law despite finding that the lower court erred when assessing the bank’s procedural error allegations.

12 May 2022

Scott + Scott instructs on UK power cables cartel class action

A former head of the UK’s gas regulator is seeking hundreds of millions of pounds from companies involved in the EU-wide power cables cartel on behalf of millions of UK consumers who allegedly overpaid for their electricity bills as a result of the collusion.

11 May 2022

Taiwan fines air-con makers and scallop importers in pair of cartel decisions

Taiwan’s competition authority has fined 15 domestic air conditioning companies for illegally agreeing to jointly reduce their warranty periods, while it has also hit six scallop importers with price-fixing fines.

11 May 2022

DOJ cements policy changes with Justice Manual updates

The Department of Justice has made significant revisions to the antitrust section of the Justice Manual, a move that experts say is designed to make the Biden administration's policies more transparent and durable.

05 May 2022

Trucks cartel blighted Europe, claimants argue in first UK damages trial

The EU Trucks cartel was a “blight on the industries of Europe for 14 years” and involved the exchange of pricing information on a “massive scale”, claimants seeking damages in the UK have argued before the country’s specialist competition tribunal.

03 May 2022

Brazil issues multiple cartel fines

The Brazilian antitrust watchdog has doled out cartel penalties totalling €17 million as part of two separate investigations that found companies rigged bids in the markets for polyethylene pipes and medical supplies.

28 April 2022

Korea fines trade association for role in chicken cartel

Korea’s antitrust authority has fined a chicken trade association nearly €900,000 for its role in fixing chicken prices and supply levels to the benefit of its members over a nine-year period.

19 April 2022

Argentina sanctions wheat flour cartel

Argentina’s antitrust authority has sanctioned three flour milling associations and the country’s largest milling company a combined €3.6 million for forming a cartel in the market for roughly three years.

11 April 2022

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