Tag(s):
Germany penalises fuel price fixers
Tuesday, 08 November 2011
Germany’s Federal Cartel Office (FCO) has fined two maritime fuel oil distribution companies a total of €11 million for colluding to fix prices.
OFT consults on harsher penalties
Thursday, 27 October 2011
Under proposed changes to the UK’s competition regime, companies may soon be facing fines of up to 30 per cent of relevant turnover for antitrust violations.
EU court confirms DG Comp chemical cartel fine
Friday, 15 July 2011
Europe’s General Court has upheld fines imposed on chemical company Arkema and its parents Total and Elf Aquitaine for participating in a cartel in the hydrogen peroxide market.
EU court cancels switchgear fines
Tuesday, 12 July 2011
Europe’s General Court has annulled cartel fines against technology companies Mitsubishi and Toshiba, ruling that the European Commission treated the EU and Japanese divisions of the companies “unequally” when calculating penalties.
Pakistan targets shipping association
Friday, 24 June 2011
Pakistan’s Competition Commission yesterday fined the country’s Shipping Agents Association (PSAA) 1 million rupees (€8,200) for attempting to fix the price of shipping services offered by its members.
Italy punishes extensive freight shipping cartel
Monday, 20 June 2011
Italy’s Antitrust Authority has fined 19 companies and one trade association a total of €76 million for fixing the price of international freight shipping rates.
DG Comp suffers more cartel fine cuts
Friday, 17 June 2011
Europe’s General Court yesterday reduced cartel fines against beer companies Heineken and Bavaria by 10 per cent, citing the European Commission’s failure to prove the companies had coordinated illegally on commercial matters.
DG Comp error sees reduction in Arkema cartel fine
Tuesday, 07 June 2011
Europe’s General Court today cut a European Commission fine issued to chemical company Arkema by €106 million, citing calculation errors.
Shrimp cartelists to pay reduced fines
Premium Article - Friday, 25 March 2011
The Dutch Trade and Industry Appeals Tribunal has upheld the Netherlands’ Competition Authority’s (NMa) decision to fine several shrimp traders and producers for cartel activity, but lowered the original fines.
EU court lowers cartel fines citing DG Comp errors
Premium Article - Thursday, 24 March 2011
Europe’s General Court has reduced or cancelled fines for eight companies penalised in the European Commission’s copper fittings cartel after finding errors in the enforcer's ruling.
France fines road sign cartel
Premium Article - Thursday, 23 December 2010
France’s Competition Authority has fined eight companies €53 million for cartel activity in the road-sign industry.
DG Comp backtracks on steel cartel fines after admitting mistakes
Premium Article - Thursday, 07 October 2010
The European Commission has reduced fines against four companies implicated in its pre-stressed steel cartel investigation, because of calculation errors in the original decision.
French commission recommends fining policy reform
Premium Article - Tuesday, 21 September 2010
A French government commission set up to analyse the fining policy of France’s Competition Authority has proposed significant reform, including greater focus on economic considerations when the setting the fine.
DG Comp throws financial lifeline to struggling businesses
Premium Article - Wednesday, 23 June 2010
European Competition Commissioner, Joaquín Almunia, has said that cartel penalties will be reduced for companies in financial difficulty.
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GCR April/May 2012
In this issue:
Survey: Australia • Howrey: in their words • Rod Sims interview • GCR cartel roundtable • GCR Live Law Leaders Asia-Pacific
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