Topic: Price fixing

An appellate court has upheld the approval of a $5.6 billion settlement resolving a class-action lawsuit in which 12 million businesses alleged Visa and Mastercard fixed payment processing fees.

17 March 2023

Nexstar Media Group is illegally maintaining financial control over two of the “Big Four” television broadcast stations in parts of the country to fix retransmission fees paid by providers, DirecTV has said.

17 March 2023

Korea’s competition watchdog has sanctioned 11 vinyl film producers for colluding to fix the price of plastic sheeting used in greenhouses by farmers and agricultural businesses.

16 March 2023

A split tribunal at the London Court of International Arbitration has granted Burford Capital a preliminary injunction to prevent client Sysco from settling several of its price-fixing claims against US meat suppliers, with a preliminary finding that the funder was granted a “prior consent right” over settlements.

15 March 2023

The largest US seafood processor unlawfully gained control of the market for purchasing Dungeness crab in the Pacific Northwest through mergers, exclusive dealing and anticompetitive dumping, a class of independent crab catchers has said.

15 March 2023

Venezuela's state-owned oil company cannot advance price-fixing claims in US court because the State Department does not recognise the country’s current government, a federal appellate court has ruled.

15 March 2023

The Ivy League and its eight member universities engaged in a horizontal price-fixing scheme by agreeing not to award athletic scholarships, a pair of college basketball players have argued.

09 March 2023

Competition authorities in the EU, UK, US and Switzerland have heeded calls to better align cartel enforcement efforts by coordinating dawn raids on four fragrance manufacturers and a global industry association.

08 March 2023

Value Drug has once again failed to provide evidence that certifying a class of purchasers of wholesale gout medication is warranted, a Pennsylvania federal judge has said.

02 March 2023

The Portuguese Competition Authority has fined three power cable manufacturers over €2 million for rigging bids for the supply of extra-high-voltage cords.

01 March 2023