Work Area: Cartels

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

Asphalt exec pleads guilty to bid-rigging

The former vice president of an asphalt company has admitted to his role in a bid-rigging conspiracy that affected certain paving services in Michigan.

18 August 2023

CMA horizontal guidelines diverge from EU on public information exchange

The UK’s antitrust authority has published the final version of its horizontal agreement guidelines, which diverge from the EU on certain types of information exchange and omit a section on sustainability agreements.

17 August 2023

Trucks cartel: Daimler settles with “second-wave” UK claimants

Daimler has settled UK follow-on damages claims brought by five claimants seeking compensation from the EU trucks cartel.

17 August 2023

Setback for LCD follow-on claimants in UK

Computer manufacturers suing LG over its participation in the liquid crystal display cartel are not entitled to recover compound interest potentially worth millions of pounds for the period they were insolvent, an appellate court has ruled.

16 August 2023

Ukraine updates competition rules to help post-war reconstruction

Ukraine's parliament has approved significant changes to the country's competition law, which will introduce a settlement procedure, enhance defence rights and amend merger thresholds to avoid catching deals with no nexus to the jurisdiction.

15 August 2023

Hong Kong enforcer probes cartel allegations in funeral services market

Hong Kong's Competition Commission has conducted a "surprise visit" to a public mortuary over concerns funeral service providers colluded to allocate customers on its premises.

15 August 2023

Conservative TV channel alleges coordinated boycott in Israel

An Israeli television station has reportedly accused three businesses of colluding to drop advertising contracts in an attempt to “cancel” the channel.

11 August 2023

KFTC follows government order to probe collapsed construction project

Korea’s Fair Trade Commission has reportedly raided the offices of several construction companies over concerns they colluded on the construction of an apartment complex that partly collapsed due to faulty design.

10 August 2023

JFTC opens probe into suspected insurance cartel

Japan’s Fair Trade Commission is reportedly investigating whether the country’s largest property insurers colluded to fix premium prices following a parallel probe from one of the country’s financial regulators.

09 August 2023

Unlock unlimited access to all Global Competition Review content