Work Area: Cartels

Claimant suing Meta and Google offers undertakings to resolve conflict of interest

A class representative suing Meta and Google in Australia for allegedly conspiring to ban all crypto-related advertising has offered commitments to resolve a perceived conflict of interest stemming from his dual roles as class representative and head of the litigation funder.

03 February 2023

Egypt uncovers two big-rigging cartels

The Egyptian Competition Authority has identified two separate cartels that rigged tender procedures run by public electricity distributors to purchase street lamp posts and galvanised steel pipes.

02 February 2023

Slovakian appellate council annuls €8.6 million bid-rigging fine

The appellate body of Slovakia’s antitrust enforcer has annulled one of the agency’s largest-ever fines, branding its decision in a bid-rigging case unreviewable and ordering the enforcer to resume its investigation.

01 February 2023

Spanish court reinstates UEFA/FIFA injunction in European Super League dispute

A court in Madrid has reimposed an order on UEFA and FIFA that temporarily prevents them from penalising clubs or players that attempted to join the European Super League, branding their claims of protecting the European sporting model a “flimsy excuse”.

01 February 2023

Tokyo Olympics cartel probe reportedly secures another confession

Japanese advertising company Dentsu Group has reportedly admitted to colluding to rig dozens of bids to advertise and plan test events for the 2020 Tokyo Summer Olympics, less than two months after rival Hakuhodo purportedly confessed its role in the infringement.

31 January 2023

Turkish court annuls Roche and Novartis cartel fines over lack of evidence

A Turkish court has overturned the national antitrust watchdog’s decision to fine Roche and Novartis over €30 million in combined penalties for conspiring to spread misinformation about a cheaper eye treatment drug, ruling the authority failed to demonstrate illegal collusion.

30 January 2023

South Africa seeks toughest penalty in face mask cartel probe

South Africa’s antitrust watchdog has asked the country’s specialist competition tribunal to impose the harshest possible fines on two personal protective equipment suppliers that it says fixed prices and divided the market during the height of the covid-19 pandemic.

27 January 2023

UK tribunal suspends CMA’s daily noncooperation fines against BMW

The UK’s Competition Appeal Tribunal has paused the antitrust enforcer’s daily fines against BMW for failing to provide information during a probe into alleged collusion in the vehicle recycling market while the company challenges the ruling.

26 January 2023

CMA warns airport operators against exchanging pricing information

The UK’s Competition and Markets Authority and the country’s aviation regulator have warned several airport operators not to share confidential information after citing “intelligence” that suggests some companies may be breaching antitrust rules.

26 January 2023

UK financial regulator sends rare SO over money transfer price-fixing

The UK’s Financial Conduct Authority has issued its second known antitrust chargesheet, accusing three international money transfer service providers of fixing the rates they charged Scottish customers for wiring funds to Pakistan.

26 January 2023

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