Topic: Price fixing

General Court confirms re-adopted concrete rebar cartel fines

The EU’s General Court has confirmed the European Commission’s re-adopted sanctions on four concrete rebar cartelists after the agency’s previous decisions were annulled twice, ruling the decades-long case has not exceeded the principle of reasonable duration.

09 November 2022

OPEC sued in Germany

An academic economist has filed a landmark lawsuit against OPEC in Germany, claiming the organisation is operating an illegal cartel that has driven up the prices of gasoline and heating oil.

08 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

Standalone lingerie RPM claim settled in UK

The UK’s Competition Appeal Tribunal has stayed a resale price maintenance dispute between a lingerie retailer and manufacturer after both parties reached a confidential settlement agreement.

31 October 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

DOJ secures no-poach sentencing

A Nevada federal court has ordered a local healthcare staffing company to pay $134,000 for participating in a conspiracy not to hire employees from two rivals.

28 October 2022

Mexico breaks up bus cartel

Mexico’s Federal Economic Competition Commission has fined 18 bus companies and 31 of their executives approximately €61 million for fixing prices and dividing the market in what is thought to be its highest ever cartel fine.

26 October 2022

Former waste management chief exec pleads guilty to Australian criminal cartel charges

The former head of a waste management company has admitted to criminally aiding and abetting the fixing of prices for demolition waste services in Sydney.

25 October 2022

Poland issues first no-poach infringement decision

Poland’s competition authority has fined the country’s top men’s basketball league and its 16 clubs for illegally colluding to terminate players’ contracts and withhold their wages in response to the coronavirus pandemic.

24 October 2022

Sweden hands down first penalties with new fining powers

Sweden’s Competition Authority has issued its first fines since it was given decision-making powers in March 2021, sanctioning two taxi companies for colluding to rig a tender to supply a small town with transport services.

24 October 2022

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