Tag: Antitrust fine
EU: Facebook to face fine over WhatsApp deal
Facebook may be fined as soon as Thursday by the European Union for misleading regulators during a 2014 review of the WhatsApp messaging service...
South Africa: Citibank fined for FOREX rigging
South Africa's Competition Tribunal on Wednesday confirmed a $5.25 million settlement with Citibank for its role in rigging rand currency trading, making the US...
Canada: Mitsubishi Electric Fined for Price Fixing
Mitsubishi Electric has been fined $13.4 million by Ontario’s Superior Court of Justice after the Japanese auto parts company pleaded guilty to three counts...
South Africa: Banks object to FX inquiry details
Some of the banks that South African regulators accuse of having rigged the rand currency exchange rate say the case against them lacks specific...
India: Competition Commission slaps a $94m fine on Coal India
The Competition Commission of India has imposed penalty of Rs 591.01 crore on Coal India Limited for abusing its dominant position, an official statement...
Israel: Coca Cola gets record $17-million antitrust fine
Central Bottling Company, the Israeli franchiser of Coca-Cola, faces a giant $17.1-million fine for abusing the lock-hold Coke has over the local soft drink...
France: Engie to pay €100mn fine
French gas supply giant Engie is to pay €100mn to settle an anti-trust case with France's national competition authority, the latter said March 22.
It...
EU: Regulators set to fine Air France and KLM
EU antitrust regulators are set to hand down hefty fines to Air France-KLM, British Airways and other carriers, more than a year after an...
Israel: Electric company execs facing fines
On Monday the Antitrust Commission ruled that the Israel Electric Corporation exploited its monopoly status to curb competition from the country’s smaller private electricity...
Italy: Samsung handed EUR 3 mln antitrust fine
Italy's antitrust watchdog AGCM has fined Samsung’s Italian subsidiary a total of over EUR 3 million for “misleading and aggressive commercial practices” and unauthorised...