Tag: Collusion
Belgian Watchdog Probes Possible Collusion Of Savings Account Interest Rates
Vincent Van Peteghem, the Finance Minister of Belgium, has requested an investigation into potential non-compliance with competition regulations by banks regarding interest rates on...
FTC Looks At Baby Formula Makers For Collusion
The US Federal Trade Commission is investigating whether companies producing baby formula, including Abbott Laboratories, engaged in collusion during state contract bidding, as per...
UK Closes Collusion Case Against Google & Meta
The UK’s Competition and Markets Authority (CMA) won’t be pursuing an anticompetition collusion case against Google and Facebook’s parent Meta, the CMA announced Friday.
The...
India Regulator Raids Steel Firms For Price Collusion
India’s antitrust watchdog has raided the offices of companies around the country over allegations of price collusion, reported Reuters.
Among those raided were Rungta...
South Korea Fines German Automakers For Collusion
South Korea's anti-trust regulator said on Thursday it would impose a combined fine of 42.3 billion won ($33.48 million) on three German automakers for...
Las Vegas Hotels Face Antitrust Suit Over Price Collusion
MGM Resorts, Caesars, Treasure Island, and Wynn Resorts are facing federal antitrust litigation over claims they conspired to jack up room rates at the...
Developments in Cartel Screening
By Despina Pachnou & Daniel Westrik1
Interest in Cartel Screens Is Increasing
Hard core cartels are a pervasive white-collar crime. Between 1990 and 2016, international cartels...
Competition Law and Cross-Board Membership: Should Directors Sit on Their Competitors’...
By Thula Kaira1
Introduction
The purpose of competition law is aimed at ensuring that enterprises effect their market-based decisions in an independent manner (i.e., without...
Indian Watchdog Raids Several Steel Firms Over Collusion
India's antitrust watchdog is raiding offices of small-scale steel companies for alleged price collusion of steel products used in construction, two sources with direct knowledge...
Executives Indicted, But Will the Companies Follow? The Increasingly Aggressive Focus...
By Lisa M. Phelan, Joseph Charles Folio III, & Samuel Pollock-Bernard*
In 2020, the U.S. Department of Justice’s Antitrust Division indicted 10 corporate executives in...