Topic: Price fixing

Italy ignites Christmas plane ticket cartel probe

Italy’s Competition Authority is investigating if Ryanair, ITA Airways, easyJet and Wizz Air colluded to raise the prices of domestic flights to and from Sicily by at least 700% during the Christmas holidays.

03 January 2023

Turkey hits Coca-Cola, Haribo with hub-and-spoke fines

Turkey’s Competition Authority has fined 13 major food and beverage companies over €44 million for both a hub-and-spoke cartel and resale price maintenance, while five supermarket chains escaped penalties under double jeopardy rules.

03 January 2023

CAT failed gatekeeping duty in ro-ro class action certification, appellate court rules

A UK appellate court has rejected requests from four vehicle shipping companies to overturn a ruling certifying a roll-on, roll-off class action claim but ordered the Competition Appeal Tribunal to reassess the proposed methodologies for calculating pass-on.

21 December 2022

ACCC accuses waste management company of criminal price fixing

Australia’s antitrust authority has accused a waste management company and its chief executive of criminally conspiring to fix the price of demolition waste services in Sydney, following a guilty plea from its alleged co-conspirator.

19 December 2022

Finnish court slashes real estate cartel fines by €17 million

Finland’s Market Court has cut proposed price-fixing fines on six property management companies and their trade association by more than 75% upon finding their cartel was not as severe as the national antitrust enforcer alleged.

16 December 2022

Portugal alleges coronavirus testing cartel

The Portuguese Competition Authority has levelled price-fixing, market-sharing and no-poach accusations at seven of the country’s largest medical laboratories and a national lab association relating to the provision of covid-19 tests.

16 December 2022

Belgium levels final accusations in first hybrid settlement case

Belgium’s Competition Authority has formally levied cartel allegations against the only wholesale distributor of pharmaceutical products that did not settle in the enforcer’s first-ever hybrid settlement case.

15 December 2022

Lithuania issues largest-ever cartel fines

Lithuania’s Competition Council has levied a record €72 million cartel fine on eight pharmaceutical companies and an industry association that conspired to influence the government when it set new maximum prices for certain drugs.

13 December 2022

Spanish courts are not ATMs in trucks cartel claims, appellate panel says

An appellate court in Valencia has rebuked a lower court for awarding damages in a follow-on Trucks claim against AB Volvo based on a widely-accepted 5% overcharge, warning that judges are not ATMs and must demand proper evidence to support such quantifications of harm.

12 December 2022

Azerbaijan issues fines for illegal bulk text messaging agreement

Azerbaijan’s competition authority has fined the country’s largest mobile network operator and a message service provider nearly €1 million for striking an unlawful agreement that discounted the latter’s bulk SMS messaging fees.

12 December 2022

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