Go directly to jail

Premium Article - Thursday, 01 January 2009

Competition authorities around the world are increasingly turning to criminal prosecutions to punish and deter cartel behaviour. Peter Scott considers the different approaches to tackling executives who participate in cartels.

Marine hose makers reach settlement

Premium Article - Wednesday, 31 December 2008

Plaintiffs in a class action suit against companies implicated in the alleged marine hose cartel have asked a court to approve a US$21.7 million settlement with five corporate defendants.

Russia issues largest ever fine

Premium Article - Monday, 29 December 2008

Russia's Federal Antimonopoly Service has fined two oil companies €38.7 million, the largest penalty it has ever imposed.

DoJ clears Innophos in chemical probe

Premium Article - Monday, 29 December 2008

Chemical phosphates producer Innophos says the US Department of Justice's antitrust division has called off a grand jury investigation into possible anti-competitive conduct in the sodium tripolyphosphate, or STPP, industry.

Illinois court throws out home care lawsuit

Premium Article - Monday, 29 December 2008

The US district court for the northern district of Illinois has dismissed an antitrust suit brought against four makers of personal and home care products.

No bounceback from commission ruling for fined rubber companies

Premium Article - Tuesday, 23 December 2008

The Court of First Instance has upheld the European Commission's decision holding three Spanish rubber chemicals companies jointly liable for cartel activity. 

KTFC fines Asian paper cartel

Premium Article - Monday, 22 December 2008

In a landmark decision, Korea's Fair Trade Commission has fined four Asian paper manufacturers over 3.9 billion won for fixing the price of copy paper.

Korea considers allowing competitor collusion

Premium Article - Thursday, 18 December 2008

Korea considers allowing competitor collusion
Korea's Federal Trade Commission says it will allow some co-operation among competing businesses in an effort to stem the tide of the country's worst financial crisis in a decade.

France hits steel companies with record fines

Premium Article - Tuesday, 16 December 2008

Steel companies
France's Competition Council has imposed fines of €575.4 million on 11 companies accused of operating a five-year steel-trading cartel, which began in 1999.

New Zealand chases air cartel

Premium Article - Tuesday, 16 December 2008

New Zealand's Commerce Commission has filed charges in the country's High Court against 13 airlines and seven individuals accused of fixing the price of air cargo transportation on flights to and from the islands.

Glass maker to appeal cartel fine

Premium Article - Tuesday, 16 December 2008

UK glass manufacturer, Pilkington, today announced plans to appeal against a €370 million cartel fine handed down by the European Commission last month.

Israeli class action withdrawn

Premium Article - Tuesday, 16 December 2008

An Israeli plaintiff seeking damages from defendants in the European switchgear cartel has withdrawn his claim.

Cypress says DoJ has called off SRAM probe

Premium Article - Monday, 15 December 2008

Cypress Semiconductor
Computer memory chip manufacturer Cypress says the US Department of Justice has called off its investigation of the static random access memory chip industry.

Pakistan blocks accountants' agreement

Premium Article - Monday, 15 December 2008

Pakistan's Competition Commission has ordered the country's Institute of Chartered Accountants to withdraw a document fixing minimum fees for accountancy services.

DG Comp charges electric companies

Premium Article - Friday, 12 December 2008

The European Commission has sent a statement of objections to a group of companies alleging they participated in a power transformer cartel.

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