Topic: Price fixing

Second Circuit grapples with “transparency” in Vitamin C rerun

A federal appellate court has queried how the Chinese government’s transparency about its legal system should impact the amount of deference it is given in defining laws that apparently mandated alleged price-fixing between vitamin makers.

18 March 2021

Israel launches criminal proceedings against elevator cartel

Israel's Competition Authority has filed criminal charges against five elevator companies – including Schindler and Kone – and their directors for allegedly fixing prices for maintenance services.

15 March 2021

CMA disqualifies roofing supply cartel directors

The UK's Competition and Markets Authority has disqualified three directors at two rolled lead suppliers after they conspired to fix prices and divide markets in the construction industry.

10 March 2021

Colombia shuts down mining cartel

Colombia’s state-owned oil producer has escaped sanctions after the country’s competition authority found no evidence it promoted a cartel in the mining sector that resulted in fines for nine companies, eight of their executives and a trade association.

09 March 2021

Finnish court reduces insulation cartel fines

Finland's Market Court has fined two building insulation manufacturers a total of €3.2 million for fixing styrofoam prices, although it reduced the total sanctions because the national competition enforcer failed to prove that the conspiracy lasted as long as it claimed.

05 March 2021

Powers: Recent deferred prosecution agreements not part of a trend

The recent uptick in deferred prosecution agreements with defendants accused of committing antitrust crimes is based on the application of existing policies, not a broader trend, the acting head of the Department of Justice’s antitrust division has said.

01 March 2021

UK tribunal upholds CMA pharma collusion fine

The UK’s Competition Appeal Tribunal has confirmed the Competition and Markets Authority’s finding that Lexon colluded with rival drug suppliers to keep up prices of an antidepressant sold to the National Health Service.

26 February 2021

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