Topic: Supply restrictions

Chinese Maersk acquisition abandoned amid US and German antitrust hurdles

State-owned China International Marine Containers has abandoned its proposed $987 million acquisition of Maersk’s refrigerated container business after competition authorities in the US and Germany raised significant antitrust concerns.

26 August 2022

SAMR bulldozes concrete cartel run through unregistered trade association

China’s antitrust watchdog has fined seven companies more than €2.3 million for fixing the price of commercial concrete, restricting supply and allocating the market in the Fujian province through an unregistered trade association for nearly three years.

07 July 2022

Romania amends competition law to tackle unjustified price hikes

The Romanian government has adopted emergency legislation that empowers the national antitrust authority to investigate unjustified price hikes and abuses of superior bargaining position under its competition law for the first time.

01 July 2022

Judge certifies three classes of broiler chicken purchasers

A federal judge in Illinois has certified three classes of purchasers in the Broiler Chicken antitrust litigation, rejecting poultry processors’ claims that the plaintiffs failed to demonstrate causation and injury in a “common fashion”.

30 May 2022

EU adopts revised VBER

The European Commission has adopted its new vertical block exemption regulation and accompanying guidelines, which remove the exemption for dual distribution agreements and wide most-favoured-nation clauses.

10 May 2022

COFECE fails in complaint to top court challenging controversial energy bill

Mexico’s Supreme Court has dismissed a complaint by the country’s competition authority against a controversial new law that would give the main state-owned electricity company greater power over the national energy market.

22 April 2022

Korea fines trade association for role in chicken cartel

Korea’s antitrust authority has fined a chicken trade association nearly €900,000 for its role in fixing chicken prices and supply levels to the benefit of its members over a nine-year period.

19 April 2022

EU drops probe into Qatari gas supply agreements

The European Commission has dropped its investigation into liquefied natural gas supply agreements between Qatar Energy and several European gas importers, after it failed to find evidence that the company imposed anticompetitive restrictive clauses.

05 April 2022

EU and Germany raid Gazprom in abuse probe

The European Commission and Germany’s Federal Cartel Office have raided multiple companies in the natural gas sector – including Gazprom, according to press reports – over suspected abuse of dominance concerns.

31 March 2022

Korea hits ice cream makers with €100 million price fixing fines

Korea’s Fair Trade Commission has fined five confectionary companies nearly €100 million for marking-up the sales price of ice cream products and colluding with distributors to increase delivery fees for retailers.

17 February 2022

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