Latest news and views tagged competition law
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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...
Restrictive covenant was justified to protect franchisor’s know-how – Pirtek v Joinplace, High Court
P had granted a 10 year franchise agreement to X. Following the termination of the agreement, the franchisee and others were involved in competing with P’s business. P alleged that this was in breach...
17 bathroom fittings companies fined total of €622m for price fixing cartel
17 bathroom fittings companies, including some from outside the European Union, have been fined €622m by the European Commission for taking part in a cartel in which they agreed to fix the prices for...
England football shirt trade war hits fever pitch as Asda sells shirts at half their RRP after sourcing from grey market
Asda is taking on the dominant might of Umbro after the supermarket bought official England shirts from the European Union grey market for re-sale in the UK – at half of Umbro’s recommended retail...
Chips are down for DRAM cartel as they are fined €331m
Nine suppliers of Dynamic Random Access Memory chips to PC and server original equipment manufacturers have been fined a total of €331m for breaching European Union competition law. Those fines were...
BA executives cleared for their careers to take off following collapse of criminal competition law trial
Four British Airways executives have been cleared of dishonestly agreeing to make or implement arrangements whereby different entities would engage in prohibited cartel activity. A person convicted of...
Suppliers and customers braced for new competition law block exemption
The European Commission has recently adopted a new exemption from breaching Article 101 of the Treaty on the Functioning of the European Union (previously Article 81 of the EC Treaty). Article 101 prohibits...
Airlines experience turbulence as OFT alleges illegal sharing of confidential information
The Office of Fair Trading has issued a statement of objections to Virgin Atlantic and Cathay Pacific over an alleged breach of the Chapter I Prohibition of the Competition Act 1998. Following a tip-off...
OFT sends out clear messages to avoid pricing agreements between different supply levels with £225m fine on tobacco companies and retailers
The Office of Fair Trading has imposed its largest ever fine for a single case on tobacco suppliers and retailers for unlawfully having an agreement or arrangement that had an anti-competitive object or...
Pharmaceutical company not abusing dominant position by refusal to supply drug as refusal was not for anti-competitive reasons – Intecare Direct v Pfizer, High Court
Pfizer held a dominant position in the market for the supply of a particular cancer drug called SUTENT in the UK. Pfizer introduced a policy where it had to limit the supply of the drug to customers having...