Tag: Antitrust fine
South Korea Fines Samsung With Its Largest Antitrust Fine
South Korean antitrust authorities on Thursday, June 24, imposed the largest fine registered to date in the country for unfair internal trading on five...
US Seeks $25.5M Fine From Air Canada Over Delayed Refunds
The US Transportation Department announced on Tuesday, June 15, that it was seeking a US$25.5 million fine from Air Canada over the carrier’s failure...
Amazon Faces EU Fine Over Privacy Violations
A European Union privacy regulator has proposed a fine of more than US$425 million against Amazon, part of a process that could yield the...
RyanAir To Appeal Italian Antitrust Fine
Ryanair is appealing a decision by Italy’s antitrust authority to fine it €4.2 million (US$5.1 million) for not refunding customers for flights cancelled after...
Cartels and Fines
By Florian Smuda (University of Applied Sciences Koblenz)
This chapter deals with cartel fines as sanctions to deter cartelization. The concept of cartel fines as...
BMW Expects $1.2B Boost From Smaller Antitrust Fine
BMW AG will raise its earnings forecast for the year because it expects an antitrust fine from the European Union to be much smaller...
Alibaba Posts First Loss Since Going Public After Antitrust Fine
Alibaba Group Holding posted its first-ever quarterly loss since it went public after being hit by a record antitrust fine in China and pledged to...
Austria Fines Seven Companies In Construction Cartel
The Austrian Federal Competition Authority (AFCA) filed another application with the Cartel Court to impose fines on seven companies from an Austrian construction group...
China’s Regulator SAMR To Police Its Big Tech Now
The power of the State Administration of Market Regulation (SAMR), the regulator in charge of “market order” in China, appears to be growing after...
China Hits Alibaba With A $2.8B Antitrust Fine
China has hit Alibaba, one of the country’s biggest online retailers, with a record US$2.8 billion (18.2 billion yuan) fine, after an investigation found...
