Work Area: Cartels

Nine fuel companies have agreed to pay €166 million and committed not to manipulate prices at petrol stations to close a cartel investigation in Morocco.

24 November 2023

France’s Competition Authority has accused several engineering, technology consulting and IT services companies of conspiring to implement no-poach agreements.

23 November 2023

Deutsche Bank has avoided a €156 million fine as the immunity applicant in a European Commission bonds trading cartel probe, though fellow conspirator Rabobank must pay a €26.6 million penalty.

22 November 2023

Six companies colluded to fix prices and allocate the market for dry ice sold to four ice cream companies over 12 years, Korea’s Fair Trade Commission has said.

20 November 2023

L’Oréal and eight cosmetic companies have agreed to pay nearly €10 million in fines to settle allegations of resale price maintenance, online sales restrictions and hub-and-spoke cartel violations in Turkey.

17 November 2023

The UK’s Competition Appeal Tribunal was right to block unsupervised communication between defendants and class members in a roll-on, roll-off collective action, counsel to the class representative has argued.

16 November 2023

Italy’s Competition Authority has begun scrutinising pricing algorithms used in the domestic airline tickets market, a month after gaining new powers to impose remedies across the sector.

16 November 2023

South Africa’s Competition Tribunal has approved a €2.1 million settlement agreement between Standard Chartered Bank and the Competition Commission after the former confessed to rigging foreign exchange rates.

15 November 2023

The UK’s specialist competition tribunal has rejected a request by defendants in the roll-on, roll-off collective proceedings to send voluntary disclosure letters to certain class members, ruling that such an approach puts “the cart before the horse”.

15 November 2023

Media reports and a leniency agreement have led Hong Kong’s Competition Commission to accuse one of the territory’s largest real estate agencies of illegally fixing commission rates.

15 November 2023