The Competition Authority of Kenya has formalized (16 December) a bilateral agreement with FSD Kenya, which will provide financial support for a peer review of the Authority’s legislative and institutional framework by the OECD. The […]
Month: December 2024
KFTC Imposes Fines for Bid-Rigging in Public Procurement of Coagulants
The Korea Fair Trade Commission (KFTC) has imposed (16 December) fines totaling 391 million won (approximately $297,000) on two companies, Taewon and Polytets Korea, for bid-rigging in public procurement tenders issued by the Seoul Water […]
KFTC Fines Paseco for Unlawful Price Maintenance
The Korea Fair Trade Commission (KFTC) has fined (16 December) Paseco Co., Ltd. ₩137 million (approximately $100,000) for engaging in unlawful resale price maintenance (RPM) and restrictive trade practices within the home appliances sector. Between […]
UK CMA Begins Review of BlackRock’s Anticipated Acquisition of Preqin
The UK’s Competition and Markets Authority (CMA) has commenced (13 December) its review of the anticipated acquisition of Preqin Limited by BlackRock UK Holdco 2 Limited, a subsidiary of BlackRock, Inc. The merger notice was […]
Poland’s UOKiK Fines Geodetic Companies for Bid-Rigging, Launches New Probe Into Laundry Services Cartel
The President of Poland’s Office of Competition and Consumer Protection (UOKiK) has fined 11 geodetic and cartographic firms nearly PLN 1.8 million (USD 440,000) for bid-rigging in public procurement. UOKiK also initiated antitrust proceedings against […]
