Topic: Price fixing

Israel readies novel price signalling charges

Strauss Group plans to fight off landmark criminal charges accusing it of attempting to collude with rivals in Israel by signalling planned price increases.

22 August 2023

Georgia sanctions motor fuel providers again for price-fixing cartel

Lukoil and Georgia’s four other largest petrol and diesel suppliers must pay roughly €1.4 million in fines for fixing prices, after the national antitrust agency issued its third infringement decision against the companies.

22 August 2023

Private equity firm cannot escape tuna price-fixing litigation

Bumble Bee Foods’ private equity backer may be liable for damages resulting from its role in a conspiracy to fix canned tuna prices, a federal judge in California has said.

22 August 2023

Meatpackers defeat ranchers’ price-fixing claims

A class of cattle ranchers failed to show that they have antitrust standing to bring price-fixing allegations against four major US meatpackers, a federal judge in Minnesota has said.

21 August 2023

Canadian court sanctions ro-ro shipping cartelists

A pair of Japanese shipping companies must pay roughly €1.3 million in fines after admitting their role in the international roll-on, roll-off price-fixing cartel, the Ontario Superior Court of Justice has ruled.

18 August 2023

Sony hit with another class action claim in Europe

Sony will have to fight off another proposed class action claim after a Portuguese consumer rights group filed an opt-out lawsuit alleging it overcharges customers for PlayStation games.

08 August 2023

CADE punishes fuel price-fixing cartel

Brazil’s competition enforcer has fined five companies and two directors more than €10.2 million for fixing prices in the fuel market and imposed a penalty barring the individuals from holding senior positions in the sector for the next five years.

04 August 2023

Kosovo probes suspected cooking oil cartel

Kosovo’s Competition Authority has opened an investigation into five unnamed cooking oil companies for price-fixing and controlling the production of cooking oil.

04 August 2023

Canada cans tuna class actions

Inapplicable expert evidence that failed to address the uniqueness of the Canadian market “torpedoed” a pair of class action lawsuits accusing several canned tuna companies of fixing prices, a court has ruled.

03 August 2023

Japanese insurers under fire for alleged widespread price-fixing

Four of Japan’s largest property insurers are reportedly facing claims they colluded to fix the prices of premiums sold to major corporate customers.

03 August 2023

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