Topic: Collective actions

Australia's prosecutions office has dropped its criminal indictment against the Australia and New Zealand Banking Group for allegedly colluding with two rival banks to offload roughly €512.9 million worth of ANZ shares.

02 November 2021

Hausfeld has filed an opt-out class action claim against Compare The Market seeking over €440 million in damages based on an infringement decision by the UK’s antitrust enforcer, although the lawsuit may be dropped if the price comparison website is successful in its appeal that began today.

01 November 2021

The UK’s Competition Appeal Tribunal has certified its third-ever class action, authorising Justin Gutmann to lead a £93 million standalone abuse of dominance claim against two UK train operators for allegedly overcharging passengers for travelcard train tickets.

19 October 2021

The UK’s Competition Appeal Tribunal has ruled that a class action claim against Google can proceed in the UK and will include the technology company’s businesses in the US and Ireland.

06 October 2021

A UK competition lawyer has warned it may take some time before the country’s class action regime approves its first settlement, as the procedure is a “very public process”.

04 October 2021

Brazil's antitrust authority remains divided on how it should calculate fines levied on a school uniform cartel, with lawyers saying the uncertainty makes cases unpredictable and inconsistent.

23 August 2021

The UK’s Competition Appeal Tribunal has issued its highly-anticipated decision certifying the country’s first-ever antitrust class action, designating Walter Merricks as the representative to lead the multi-billion pound claim against Mastercard.

18 August 2021

The Dutch competition authority has closed an investigation into alleged resale price maintenance in the home furnishings sector, in what appears to be the first case to be discontinued in line with the agency’s guidelines on assessing vertical agreements.

18 August 2021

Mexico’s competition enforcer has fined five drug distributors, an industry association and 21 executives the highest possible combined sanction of €38.5 million, while also disqualifying senior company employees for the first time in its history.

17 August 2021

Saudi Arabia’s General Authority for Competition has fined four home and office furniture retailers a total of €2.3 million for bid rigging, although observers claim the case raises evidentiary issues.

11 August 2021