Tag: Antitrust
US: Senators want “serious” fines for antitrust breaches
US Senators Amy Klobuchar and Richard Blumenthal introduced legislation on Friday, August 2, to allow harsher penalties for companies that violate antitrust law, following...
US: Facebook antitrust inquiry by the FTC focuses on acquisitions
Facebook's woes with the US Federal Trade Commission (FTC) are far from over. The agency is investigating whether Facebook's purchases of companies such as...
US: DOJ names new Acting Deputy AAG responsible for international and...
Makan Delrahim, Assistant Attorney General in charge of the Department of Justice's Antitrust Division, announced that current Senior Counsel Rene Augustine will serve as...
EU: EC opens consultation for national courts when handling disclosure information
The Antitrust Damages Directive helps citizens and companies claim damages if they are victims of infringements of EU antitrust rules.
In this regard, national courts...
US: Endo pays $2.3M to settle states antitrust claims
Endo Pharmaceuticals agreed to pay US$2.3 million to 18 states late last week, settling allegations that the drugmaker paid a competitor to keep a...
India: Regulator wants antitrust review of Big Four accountants
The Indian government wants the country’s antitrust body to assess whether the so-called “Big Four” auditing firms and their affiliates are hurting competition in...
Germany: Amazon reaches deal to end antitrust investigation
Amazon struck a deal with Germany and Austria to shut down antitrust probes into how it handles other merchants on its site, just as...
South Korea: Two firms fined for price fixing Red Cross’ blood...
South Korea's antitrust regulator announced on Wednesday, July 17, that it has fined two makers of blood bags a combined 7.7 billion won (US$6.5...
South Korea: Antitrust regulator to work with Malaysia
South Korea's antitrust regulator said Monday that it has sent an official to its Malaysian counterpart to provide advice on fair competition policy.
The Fair...
US: DOJ issues policy to incentivize corporate antitrust compliance
On Friday, July 12, Assistant Attorney General Makan Delrahim announced the Department of Justice (DOJ), Antitrust Division’s new policy for incentivizing corporate antitrust compliance....
