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OFT consults on new penalty regime of 30% of turnover for competition law breaches

31 October 2011 | Paul Gershlick

The Office of Fair Trading, the UK’s competition law regulator, is consulting on proposals to revise its guidance as to the penalties for breaching the Competition Act 1998. Currently, organisations...

Tags on this discussion: abuse of dominance abuse of dominant position agreement agreements anti-competition anti-competitive anti-trust breach of competition law cartel commercial commercial agreement commercial agreements Commercial contract commercial contracts commercial law competition Competition Act competition law competition law breach competition law regime competition regime contract contracts fine leniency market abuse market sharing Office of Fair Trading OFT price fixing unenforceable void

That won’t come out in the wash – EC fines Unilever and Proctor & Gamble €315m

15 April 2011 | Simon Weinberg

Following a European Commission investigation suitably entitled ‘Purity’, Unilever and Proctor & Gamble, the consumer product companies, have been fined €315 million for fixing the price of washing...

Tags on this discussion: agreement agreements anti-competition anti-competitive anti-trust Article 101 breach cartel Chapter I Prohibition commercial commercial agreement commercial agreements Commercial contract commercial contracts commercial law competition Competition Act competition law competition regime competitive contract contracts EC EU Europe European Commission European Union fine illegal price fixing Treaty of the Functioning of the European Union

Directors safe from company fines under Competition Act 1998 – Safeway Stores Limited & Others v Twigger & Others, Court of Appeal

17 January 2011 | Simon Weinberg

The Court of Appeal has ruled that, where an undertaking has been fined for a breach of the Competition Act 1998, that undertaking cannot recover the amount of the fine from those directors or employees...

Tags on this discussion: agreement agreements anti-competition anti-competitive anti-trust Article 101 Article 81 cartel Chapter I Prohibition collusion commercial agreement commercial agreements Commercial contract commercial contracts competition Competition Act competition law contract corporate corporate finance Court of Appeal Directors Employees fine High Court illegal infringement summary judgment unauthorised unenforceable unlawful void

European Commission sends clear message with €650m fine to non-EEA LCD cartel

13 December 2010 | Paul Gershlick

The European Commission has sent a very clear message to businesses around the world that they can be fined huge amounts for breaching EU competition law. The European competition law regulator fined six...

Tags on this discussion: anti-competition anti-competitive anti-trust Article 101 Article 81 cartel Chapter I Prohibition commercial commercial agreement commercial agreements Commercial contract commercial contracts commercial law Competition Act competition law Computers contract contracts EC Treaty EEA EU Europe European Commission European Economic Area European Economic Areae European Union fine hardware horizontal agreement monitors price price fixing televisions TFEU Treaty Treaty on the Functioning of the European Union

Air cargo carriers fined €800m for price fixing

17 November 2010 | Paul Gershlick

The European Commission has fined 11 air cargo carriers a combined €800m for their part in a six year price fixing cartel. The carriers had co-ordinated fuel surcharges and security. The Commission gave...

Tags on this discussion: anti-competition anti-competitive anti-trust cartel commercial commercial agreement commercial agreements Commercial contract commercial contracts commercial law competition law EEA EU Europe European Commission European Economic Area European Union fine illegal price price fixing unlawful

Small win for sports clothing retailers in alleged cartel investigation but investigations continue

21 October 2010 | Paul Gershlick

The Serious Fraud Office has announced that it is no long continuing its criminal investigation into suspected fraud by Sports Direct and JJB Sports relating to an alleged price fixing cartel. However,...

Tags on this discussion: anti-competition anti-competitive anti-trust Article 101 Article 81 cartel Chapter I Prohibition Competition Act Enterprise Act Enterprise Act 2002 fine illegal Office of Fair Trading OFT price price fixing Serious Fraud Office SFO unlawful

Envelope cartel investigation signed, sealed but far from delivered

6 October 2010 | Paul Gershlick

The European Commission has conducted unannounced raids on envelope manufacturers in France, Spain, Denmark and Sweden. The Commission has been suspicious that the companies involved have operated a cartel...

Tags on this discussion: anti-competition anti-competitive Article 101 Article 81 cartel Chapter I Prohibition commercial commercial agreement Commercial contract commercial contracts commercial law competition Competition Act competition law EC Treaty EU EU law European Commission European Union price price fixing TFEU Treaty on the Functioning of the European Union

Lorry makers in price fix enquiry

24 September 2010 | Paul Gershlick

Some leading lorry manufacturers in Europe are at the centre of a cartel investigation. The Office of Fair Trading is leading an enquiry into whether they have fixed prices contrary to the Chapter I Prohibition...

Tags on this discussion: anti-competition anti-competitive Article 101 cartel Chapter I Prohibition commercial commercial agreement Commercial contract commercial contracts commercial law competition Competition Act competition law damages illegal Office of Fair Trading OFT price price fixing unenforceable unlawful void

Survival of the fittest as one participant in animal feed cartel gets total immunity from €175m fine

9 August 2010 | Paul Gershlick

Five members of an animal feed cartel have received a hefty €175m fine from the European Commission for breaching Article 101 of the Treaty on the Functioning of the European Union (formerly Article...

Tags on this discussion: agreement anti-competition anti-competitive anti-trust Article 101 Article 81 cartel commercial agreement competition competition law EC Treaty European Commission European Union fine horizontal agreement illegal price price fixing TFEU Treaty on the Functioning of the European Union unlawful Whistleblower Whistleblowing

Prestressing Steel Producers fined €519m for price fixing and market-sharing cartel

15 July 2010 | Paul Gershlick

17 producers of prestressing steel have been fined €519m by the European Commission for their involvement in a cartel in which they fixed prices and shared markets, contrary to Article 101 of the Treaty...

Tags on this discussion: anti-competition anti-competitive anti-trust Article 101 Article 81 cartel competition law EC Treaty European Union fine illegal TFEU Treaty on the Functioning of the European Union unlawful Whistleblower Whistleblowing

Page 1 of 212 »

Latest news and views tagged cartel

OFT consults on new penalty regime of 30% of turnover for competition law breaches

That won’t come out in the wash – EC fines Unilever and Proctor & Gamble €315m

Directors safe from company fines under Competition Act 1998 – Safeway Stores Limited & Others v Twigger & Others, Court of Appeal

European Commission sends clear message with €650m fine to non-EEA LCD cartel

Air cargo carriers fined €800m for price fixing

Small win for sports clothing retailers in alleged cartel investigation but investigations continue

Envelope cartel investigation signed, sealed but far from delivered

Lorry makers in price fix enquiry

Survival of the fittest as one participant in animal feed cartel gets total immunity from €175m fine

Prestressing Steel Producers fined €519m for price fixing and market-sharing cartel

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