Tag: Antitrust fine
Australia Fines Pharmaceutical On Criminal Cartel Charges
Alkaloids of Australia and its former export manager, Christopher Kenneth Joyce, have each been charged with 33 criminal cartel offences, contrary to the Competition...
Lithuania Fines Cinemas For Cartel Behavior
The Lithuanian competition authority Konkurencijos taryba has found that the film distributor Theatrical Film Distribution and the firms NCG Distribution and Forum Cinemas, which...
UK Fines British Airways $25.8M Over Data Breach
British Airways (BA) must pay a US$25.8 million fine for lacking the proper security measures that might have prevented a hacker in 2018 from...
South Korea Fines Web Portal Giant Naver
Web portal giant Naver has been fined for unfairly preventing real estate information providers from signing content providing deals with the firm's rival Kakao,...
Trial Win For Cinemark With $3.75M Antitrust Fine Reversed
A trial win for a Bryan Cranston-owned movie theater was wiped out with a California appellate court taking a long look at the relationship...
EU Court Cuts Infineon Antitrust Fine By 7%
Europe's second top court on Wednesday, July 8, cut Infineon Technologies' cartel fine by 7% to €76.87 million (US$86.7 million), stating that the German...
South Africa Fines Cape Town Sanitizer Company
Caprichem, a Cape Town-based company, has agreed to pay a R500,000 (US$28,889.25) penalty for charging excessive prices for sanitisers.
The Competition Commission announced it had...
EU Court Adviser Backs Lundbeck Antitrust Fine
Danish drugmaker Lundbeck’s fight against a 2013 EU antitrust fine imposed for deals with rivals to delay sales of generic copies of its antidepressant...
South African Companies That Inflated Masks By 900% Agree to Fine
Two companies have agreed to jointly pay R1.5 million (US$85,000) for excessive pricing of face masks during the COVID-19 outbreak.
Sicuro Safety and Hennox Supplies...
Booking.com Fined By Hungary Watchdog
Online travel agency Booking.com has been fined 2.5 billion forints (US$7.74 million) by the national competition watchdog in Hungary, the GVH, for “misleading advertisements”...