Topic: Market sharing

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

Germany settles with bridge component cartel members

Two bridge component manufacturers have agreed to pay Germany’s Federal Cartel Office €7.3 million to settle allegations that they shared the market for over a decade, although they continue to face a criminal bid-rigging probe by the country’s public prosecutor.

10 February 2022

Brazil probes global sports broadcasting cartel

Brazil’s antitrust enforcer has said it has serious indications that eight sports media agencies and broadcasters, including Telefónica and the European Broadcasting Union, colluded over the acquisition of sports broadcasting rights on a worldwide basis.

04 February 2022

South Africa seeks maximum fine for vehicle finance collusion

The Competition Commission of South Africa has urged the country’s antitrust tribunal to fine three vehicle finance providers for colluding to allocate customers and suppliers for over 21 years through a restrictive clause in a joint venture agreement.

04 February 2022

Italy fines petroleum shipping cartel

Italy’s Competition Authority has fined four freight transport companies and their trade association more than €1 million for fixing prices and dividing the local fuel transport market for two years.

19 January 2022

UK’s Payment Systems Regulator issues first-ever antitrust decision

Mastercard and four other prepaid card issuers have been fined more than £33 million after they admitted to colluding to share the market and allocate customers in the UK prepaid welfare card sector for six years.

18 January 2022

Poland issues pair of truck cartel decisions

Poland’s competition authority has fined six DAF truck dealers and eight managers a total of €26.8 million for allocating the country’s trucks market in two hybrid settlement decisions.

10 January 2022

South African tribunal refuses cartel confession walk back

South Africa’s Competition Tribunal has rejected an auto repair shop’s request to renege on a cartel settlement agreement with the country’s antitrust watchdog on grounds of economic hardship and lack of legal representation.

07 January 2022

Denmark pursues disco cartel

The Danish competition authority has fined 18 nightclubs and their jointly-owned purchasing company for entering into a market-sharing conspiracy that restricted where they could open new discos.

20 December 2021

CADE opens swathe of cartel probes

Brazil’s antitrust watchdog has launched four separate cartel investigations this week into suspected anticompetitive conduct in the markets for waste collection and disposal, network cable supply, school transportation services and ethanol trading.

15 December 2021

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