Cartels

The FTC has withdrawn a 2003 policy statement that limited equitable monetary remedies for antitrust contraventions to only “exceptional cases”.  In a 4-1 decision on 31 July 2012 , the FTC has said it will...

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The ACCC steps in to help us bag a bargain

June 13, 2012 | 0 Comments

Australian consumers, like consumers in many other countries, love to shop online.  Web-savvy fashion moguls can navigate the world’s virtual shopping mall and locate their favourite pieces within a matter of minutes – and often...

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The recent detergents cases in Europe involving Henkel, Proctor & Gamble and Unilever, show that if you want to avoid blowing your chances of immunity, you need to get your strategy set from the start....

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The ongoing investigation into the global automotive parts cartel is considered to be the largest in history. At this stage the regulators investing the alleged cartel conduct include the US’ Department of Justice (DoJ), the...

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Instant noodlers in hot water

April 24, 2012 | 0 Comments

The Korean Fair Trade Commission has fined four major noodle manufacturers 135.4 billion won (approximately AUD115 million) for fixing the prices of instant noodles.  The KFTC found that the four companies (who hold a combined...

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French regulator redresses salad cartel

April 1, 2012 | 1 Comments

France’s Competition Authority (the Autorité de la Concurrence), has fined 11 French endive growers and several of their professional bodies 3.6 million euros (approximately AUD4.8 million) for taking part in a price-fixing cartel.  The Authority...

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South Africa’s Competition Commission has settled with South African Airways (SAA) and Singapore Airlines over price fixing on flight routes between Hong Kong and Johannesburg.  Singapore Airlines has agreed to settle for ZAR 25.1 million (approximately...

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On 2 February 2012, the European Union General Court rejected appeals brought by The Dow Chemical Company, EI du Pont de Nemours and Company, and Denki Kagaku Kogyo Kabushiki Kaisha (and a number of their...

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