Work Area: Cartels

Greenwashing distorts competitive markets, ACCC official warns

Too many businesses are “greenwashing” to gain a competitive advantage over those taking genuine steps to adopt sustainable practices, a senior official at the Australian Competition and Consumer Commission has said.

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

ACCC allows banks to collaborate to combat scams

Australia’s largest banks can collaborate on developing an industry standard to tackle scams, subject to extensive reporting requirements and the involvement of a competition lawyer, the country’s antitrust authority has said.

03 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

Chinese pig breeders scrap no-poach agreement after SAMR sounds alarm

The four largest pig breeders in China have withdrawn a pledge not to poach each other’s employees after the country’s antitrust watchdog voiced concerns.

02 August 2023

CMA rebuffs “ambiguous” documents claim in Prochlorperazine appeal

Advanz’s argument that unclear communications should tip in favour of the appellants challenging the UK enforcer’s Prochlorperazine cartel decision incorrectly interprets past case law on ambiguous documents, the country’s specialist competition tribunal has heard.

01 August 2023

Building automation company schemed to rig National Gallery tender, Australian court finds

A building management system provider and its sole director attempted to conspire with a rival to rig a tender for a project at the National Gallery of Australia, a court has found.

01 August 2023

NZ property developer fined over restrictive land covenant

A New Zealand property developer that operates a hardware store in Tauranga must pay over €280,000 in fines after implementing a land covenant to stop a rival from competing in the local area, the Wellington High Court has held in the first decision punishing such conduct.

31 July 2023

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