Topic: Price fixing

Criminal price-fixer pushes for lenient fine to preserve competition

Counsel to a company that has admitted to criminally fixing the price of waste processing services in Sydney has claimed a large fine would imperil its survival and harm competition in the market.

23 May 2023

HSBC, Scotiabank defeat silver price-fixing lawsuit

Plaintiffs suing HSBC and Scotiabank failed to show an alleged conspiracy to fix prices of silver that occurred in the US or impacted domestic prices, a federal judge in Manhattan has ruled.

23 May 2023

Philippine lawmaker pushes for first criminal sentences in cartel probe

A senior Philippine lawmaker has called on the country’s competition watchdog to impose its first-ever criminal sentences on individuals alleged to have colluded to raise the price of onions.

22 May 2023

Price-fixing occurred during time of crisis, cartelist tells Australian court

A company that admitted to fixing the price of waste processing services in Sydney was in “absolute panic” at the time of the offence, but its chief executive has remained at the company despite confessing to the collusion, an Australian court has heard.

22 May 2023

California ranch families accused of price-fixing conspiracy

Several landowners orchestrated an illegal conspiracy to charge supracompetitive prices for the purchase of some of their properties in rural California, Flannery Associates has argued.

22 May 2023

FX platform must face price-fixing claims

Two financial services companies can proceed with claims that foreign exchange trading platform Currenex conspired to inflate its profits by fixing exchange rates, a federal judge in Manhattan has ruled.

22 May 2023

Dutch enforcer sanctions egg purchasing cartel

The Dutch antitrust authority has fined three egg purchasers an undisclosed amount for entering into illegal price-fixing agreements following a court order that rejected the conspirators' request to keep their identities confidential and postpone the publishing of the decision.

11 May 2023

Winn-Dixie sanctioned in Keurig price-fixing case

Winn-Dixie has been sanctioned for repeatedly violating discovery orders in the Keurig Green Mountain Single-Serve Coffee antitrust litigation but may continue with its allegations against the K-Cup manufacturer.

10 May 2023

Canadian court upholds rejection of DRAM class action

Canada’s Federal Court of Appeal has upheld a lower court’s refusal to certify a €665 million antitrust class action against Samsung Electronics, SK Hynix and Micron Technology, holding that certification is an important screening process that must allow for some merits-based analysis.

03 May 2023

Energizer, Walmart accused of fixing battery prices

Energizer and Walmart orchestrated an illegal scheme to inflate prices for disposable batteries, two groups of consumers and a rival retailer have alleged.

02 May 2023

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