Work Area: Cartels

Novel EU cartel decision incoming, Jaspers says

The European Commission is close to finalising a cartel probe in a never-before sanctioned sector while looking to further expand its focus beyond classic infringements, the agency’s cartel chief has revealed.

28 September 2023

Dawn raids are taking longer because of cloud storage, EU official says

The rapid growth and use of cloud storage technology means dawn raids are now “far more complex”, making cooperation during a probe even more important, the European Commission’s cartel head has said.

28 September 2023

Belgium suspends banking cartel probe

Several banks have fended off a formal antitrust investigation into an alleged "gentlemen's agreement” covering government bonds in Belgium.

26 September 2023

Egypt targets cargo transport cartel in sprawling probe

Nearly 50 freight transportation companies breached antitrust rules by agreeing to hike rental prices, the Egyptian Competition Authority has said.

25 September 2023

Slovakian enforcer reimposes fines on bid-rigging cartel

Slovakia’s competition authority has ordered a construction cartel to pay a €7.2 million fine, eight months after its original infringement decision was overturned on appeal.

25 September 2023

Enforcers launch push to tackle FIFA World Cup collusion

A joint initiative by antitrust enforcers in the US, Mexico and Canada intends to spur competition in several markets by rooting out unlawful agreements targeting the FIFA World Cup in 2026.

22 September 2023

Hand grenade cartel fined by EU enforcer

The European Commission has sanctioned a cartel in the defence industry for the first time, fining German weapons supplier Diehl €1.2 million for allocating markets with a rival.

21 September 2023

Forrest: Twombly ruling will be instrumental in future AI cases

Proving the existence of an agreement of minds will prove to be an obstacle for prosecutors bringing collusion cases involving artificial intelligence, a former federal judge has said.

21 September 2023

CMA dismisses claims that whistleblower complaints are in freefall

The UK’s competition watchdog has criticised reports flagging an apparent 70% drop in whistleblower submissions since 2017, arguing that there has been no such downward trend.

18 September 2023

California unveils additional backdated settlement in Auto Parts case

Meritor colluded with several manufacturers and suppliers to rig bids and fix prices for exhaust system parts, the State of California has claimed in a complaint accompanying a rare backdated settlement with the company.

15 September 2023

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