Latest News From Global Competition Review

EU General Court partly upholds marine hose appeals

Global Competition Review — Mon, 20 May 2013 16:07:41 GMT

The EU General Court has partially upheld two companies’ appeals against fines imposed by the European Commission in 2009 for their involvement in a marine hose cartel.

New ruling puts fees in dairy litigation at more than US$100 million

Global Competition Review — Mon, 20 May 2013 15:14:41 GMT

Attorneys for a group of dairy farmers in the southeastern US have been awarded more than US$100 million in fees for their work in reaching settlements with a group of marketing and production companies accused of collusion.

Judge cites FTAIA split in ending USB lawsuit

Global Competition Review — Mon, 20 May 2013 14:26:39 GMT

A federal judge has dismissed an antitrust lawsuit between three Chinese USB manufacturers, underscoring a split in case law as to whether US courts have the jurisdictional right to decide the legality of alleged anti-competitive conduct overseas.

Compat stays India cement fine at a cost

Global Competition Review — Mon, 20 May 2013 10:38:56 GMT

India’s Competition Appellate Tribunal has granted interim measures in an appeal from several cement companies against record fines imposed by the Competition Commission.

DG Comp raids sugar sellers

Global Competition Review — Fri, 17 May 2013 13:39:57 GMT

The European Commission has conducted dawn raids on sugar companies in several member states.

French authority slams online pharma guidelines

Global Competition Review — Fri, 17 May 2013 11:30:25 GMT

France’s Competition Authority has criticised the government’s proposed guidelines to regulate online sales of medicine, saying they risk harming competition.

Spain targets General Motors

Global Competition Review — Fri, 17 May 2013 10:55:42 GMT

Spain’s National Competition Commission has opened an investigation of General Motors over alleged abuse of dominance in the market for car repairs.

Judge refuses Dow’s US$1.2 billion fine appeal

Global Competition Review — Thu, 16 May 2013 16:52:26 GMT

Dow Chemical has been ordered to pay US$1.2 billion for its involvement in a urethane cartel, after a judge refused its request to reverse a jury’s guilty verdict.

Visa cuts EU inter-bank fees

Global Competition Review — Thu, 16 May 2013 15:00:46 GMT

Visa Europe has agreed to lower its inter-bank fees for credit cards, settling the European Commission’s competition concerns.

Apple & DoJ fire final shots before trial

Global Competition Review — Thu, 16 May 2013 14:41:27 GMT

Apple says the US government’s allegations that it conspired with publishers to fix the price of e-books contain more “smoke and mirrors than the smoking gun the law requires,” according to the company's final court statement before it goes to trial next month.

Austria heavily sanctions grocery dominance abuse

Global Competition Review — Thu, 16 May 2013 14:25:40 GMT

Austria’s Cartel Court has fined grocery company Rewe €20.8 million for abusing its dominant position. It is the second-highest fine issued by the court to date.

DG Comp dawn raids at BP & Shell

Global Competition Review — Wed, 15 May 2013 16:30:14 GMT

The European Commission last night raided three of the world’s largest oil companies over alleged price fixing in the oil and biofuel sectors.