Topic: Information exchange

Brazil fines silicate makers for 13-year cartel

Brazil’s competition authority has fined three manufacturers and 13 individuals a total of €11 million for colluding to fix prices, share information and divide the market for the production and supply of silicate for at least 13 years.

14 November 2022

Evidence disclosure is not limited to pre-existing documents, ECJ rules

The EU’s highest court has clarified that the disclosure of relevant evidence in antitrust damages claims applies to both existing and non-existing documents that a party may need to create from scratch.

10 November 2022

Hong Kong nets record €19.5 million settlement for air conditioning cartel

A Hong Kong-based building services provider has agreed to pay a record-high €19.5 million fine for rigging bids to service air conditioning units in a settlement that resolves two separate probes.

04 November 2022

EU will not aggressively challenge information exchanges in dual distribution scenarios, official says

Information exchanges between a supplier and its downstream competitors are still assumed to create efficiencies, despite the recent removal of certain safeguards for such behaviour in the EU’s Vertical Block Exemption Regulation, a European Commission official has said.

01 November 2022

Austria seeks significant fines and expands largest-ever cartel probe

Austria’s Federal Competition Authority has asked the country’s specialist competition court to fine two construction companies for taking part in a wide-ranging cartel, while also accusing two more businesses of participating in the conspiracy.

28 October 2022

Spain and Portugal run joint dawn raids under new cooperation agreement

The Portuguese and Spanish antitrust watchdogs have jointly raided a wood chip company in Spain over potential market-sharing and unlawful information exchanges.

26 October 2022

CADE head calls to investigate poor-performing pollsters amidst heated presidential election

The president of Brazil’s antitrust enforcer has asked his agency to probe if several research institutes colluded to manipulate election polling results – and ultimately the country’s general elections.

19 October 2022

French court slashes compote cartel fines

A French appellate court has reduced fines imposed by the country’s antitrust watchdog on a fruit compote cartel by roughly €26.6 million, finding the infringement ended sooner than the authority alleged and the penalties were disproportionate to the seriousness of the conduct.

10 October 2022

CADE agrees settlements in sprawling HR information exchange probe

Brazil’s competition authority has signed settlement agreements with six healthcare companies and 35 individuals after they agreed to pay a total of €6.7 million for participating in an expansive cartel that allegedly exchanged sensitive information related to hiring practices and employee salaries.

26 September 2022

FCO allows “one-time” cooperation between major sugar producers

Germany’s Federal Cartel Office has waved through a production sharing agreement between sugar companies Nordzucker, Südzucker, Pfeifer & Langen and Cosun Beet, due to concerns about the inflationary impact of gas supply shortages on the industry.

06 September 2022

Unlock unlimited access to all Global Competition Review content