Italy fines shipping cartel

Monday, 19 March 2012

Italy's Antitrust Authority fined port cartelists €4 million
Italy’s Antitrust Authority has fined 15 shipping agents, as well as two trade associations, a total of €4 million for taking part in a cartel.

Bulgaria accuses oil companies

Monday, 19 March 2012

Lukoil and three competitors received a statement of objections
Bulgaria’s Competition Commission has accused oil companies Lukoil, Rompetrol, Naftex and OMW of fixing wholesale fuel prices.

Germany ends chemical cartel probe with final sanctions

Friday, 16 March 2012

The FCO has now completed its investigation of the chemical sector
Germany’s Federal Cartel Office (FCO) yesterday fined 13 chemical wholesalers a total of €8.7 million, marking the end of its investigation of cartel activity in the sector.

Pakistan raids bank consortium

Friday, 16 March 2012

Pakistan Competition Commission has raided 1-Link's premises in last month
Pakistan’s Competition Commission (CCP) has issued show cause notices to bank consortium 1-Link and its members, for allegedly fixing ATM and bank transfer charges.

Japan raids auto-part light makers

Thursday, 15 March 2012

Japan has raidied a series of auto-part manufacturers
Japan’s Fair Trade Commission (JFTC) has conducted dawn raids on the headquarters and branch offices of four automobile light manufacturers, the latest section of the country’s auto-parts industry to be targeted over alleged cartel activity.

Jury convicts AU Optronics & two executives of price fixing

Wednesday, 14 March 2012

DoJ
A federal jury has convicted AU Optronics and two of its executives of colluding with its rivals to fix the price of liquid crystal display (LCD) monitors, securing a significant victory for the US Department of Justice’s antitrust division and leaving the company facing a potential US$1 billion fine.

France busts flour cartel

Tuesday, 13 March 2012

France has fined 17 millers a total of €242 million
France’s Competition Authority has fined 17 flour producers €242 million for cartel and other anti-competitive agreements to fix the price of flour, including arrangements to divide the market between France and Germany.

Almunia opens door to e-book settlement

Tuesday, 13 March 2012

Authorities in the EU and US are examining Apple's e-book pricing system
Competition Commissioner Joaquín Almunia says the European Commission is ready to settle its e-book investigation if the companies agree to change their pricing model, days after news emerged that the US Department of Justice’s antitrust division (DoJ) is discussing a settlement.

DoJ considering charges in e-books probe

Friday, 09 March 2012

DoJ
The US Department of Justice is close to filing antitrust lawsuits against technology company Apple and five of the country’s largest book publishers unless the companies agree to alter their model for selling electronic books, press reports indicate.

Leniency applicant Iveco to appeal fine

Thursday, 08 March 2012

Iveco is accused of fixing the price of fire engines
Iveco will appeal against a €30 million fine imposed by Germany’s Federal Cartel Office (FCO) for its alleged participation in a cartel to fix the price of fire-fighting vehicles, despite having cooperated with the authority in the investigation.

DoJ defends no-fault settlement with Morgan Stanley

Thursday, 08 March 2012

DoJ
The US Department of Justice’s antitrust division has told a New York federal court that it should not require financial services company Morgan Stanley to admit liability in an antitrust case before approving the company’s settlement with the government.

SA settles with another cement cartelist

Thursday, 08 March 2012

Lafarge is the second cement company to settle with the commission
South Africa’s Competition Commission’s secured a further victory against a cement cartel today, reaching a settlement with Lafarge Industries.

France sanctions endive cartel

Wednesday, 07 March 2012

France has sanctioned 17 companies involved in alleged endive price-fixing
France’s Competition Authority (FCA) has fined an endive cartel €3.65 million, and issued a reminder that the agriculture sector is not immune to competition law.

General Court cuts bag cartel fines

Wednesday, 07 March 2012

The General Court reduced UPM-Kymmene and FLSmidth's fines
The EU General Court has reduced fines imposed by the European Commission on UPM-Kymmene Oyj and FLSmidth for colluding to fix the price of industrial plastic bags, but it rejected other claims by the companies.

Sixth Circuit revives copper tubing antitrust litigation

Tuesday, 06 March 2012

Circuit
A US appeals court has overturned a lower court’s ruling and reinstated a lawsuit claiming that copper products company Outokumpu and its affiliates conspired to fix the price of copper tubing sold in the US.

Back to top

Law Business Research Ltd

87 Lancaster Road, London
W11 1QQ, UK
Queen's Award logo International Bar Association logo American Bar Association strategic partner logo

Copyright © 2012 Law Business Research Ltd. All rights reserved. | http://www.lbresearch.com

87 Lancaster Road, London, W11 1QQ, UK | Tel: +44 207 908 1188 / Fax: +44 207 229 6910

http://www.globalcompetitionreview.com | editorial@globalcompetitionreview.com