Topic: Supply restrictions

Romania sanctions drugmakers €71 million for supply restrictions

Romania’s antitrust watchdog has fined five pharmaceutical companies and a drug association a combined €71 million for restricting the supply of immunoglobulin medications.

15 February 2022

KFTC fines concrete makers for price-fixing

The Korean competition authority has fined 19 concrete producers and suppliers a total of €9.5 million for fixing the price of ready-mix concrete and allocating the market over an eight-year period.

10 February 2022

CMA fines pharma companies for restricting drug supplies

The UK’s antitrust watchdog has fined four pharmaceutical companies and a private equity group more than £35 million for agreeing to limit the supply of an anti-nausea tablet to the National Health Service, causing prices to rise by 700%.

03 February 2022

CMA’s market foreclosure conclusions are ‘flawed’, Nvidia says

Nvidia has criticised the UK’s antitrust watchdog for opening an in-depth probe into its $40 billion purchase of Arm, claiming the enforcer has failed to identify any evidence that the merged company would have an incentive to foreclose competition.

11 January 2022

Ex-Vyera exec describes strategy to prevent competition

Vyera Pharmaceuticals purchased the parasite-fighting drug Daraprim with the intention of foreclosing generic competition, a former executive has said.

16 December 2021

EU concludes first settlement in ethanol benchmark cartel

The European Commission has fined Abengoa €20 million after the energy company confessed its role in a cartel that rigged ethanol benchmarks, manipulating the price of biofuel used in vehicles across Europe.

10 December 2021

Concrete makers face multi-billion cartel damages claim in Brazil

The Brazilian public prosecutors' office is seeking €6.4 billion in follow-on damages from six concrete producers after the country’s competition watchdog found they cartelised the cement sector for 20 years.

16 November 2021

Canadian court denies class certification to DRAM purchasers

A Canadian federal court has refused to certify a proposed antitrust class action against dynamic random access memory manufacturers, after finding no precedent to support claims of a conspiracy to suppress the supply of a product.

15 November 2021

Korea clamps down on chicken cartel

Korea’s Fair Trade Commission has fined seven of the country’s leading Samgye chicken producers a collective €18.1 million for agreeing to fix the prices of meat used in traditional ginseng soup.

12 October 2021

India issues second-ever RPM fine

India’s competition authority has fined Maruti Suzuki nearly €23 million for imposing a maximum discount policy on its dealers and using anonymous shopping agencies to monitor their sales.

24 August 2021

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