South Korea’s Korea Fair Trade Commission has imposed corrective orders and fines totaling 30 million won ($21,000) on two engineering companies for rigging bids in underwater survey service tenders issued by a public safety agency. […]
Category: Horizonal
Horizontal agreements, cartels.
Brazil’s CADE Opens Probe Into Rare Earths Tie-Up Between Serra Verde and USA Rare Earth
Brazil’s antitrust authority has opened an administrative inquiry into a planned rare earths partnership between mining company Serra Verde Pesquisa e Mineração S.A. and U.S.-based USA Rare Earth, Inc., amid growing global competition for critical […]
US FTC Warns Mortgage Connect Over Potentially Anticompetitive Noncompete Agreements
Federal Trade Commission Chairman Andrew N. Ferguson has issued a warning letter to Mortgage Connect urging the company to review its employment contracts and discontinue any noncompete agreements that may unlawfully restrict workers or harm […]
Brazil Antitrust Staff Recommends Conviction of Fuel Retail Union Over Alleged Price Coordination Signals
Brazil’s antitrust authority has recommended the conviction of Sindicombustíveis/DF and its president over allegations that public communications by the fuel retailers’ union encouraged coordinated pricing behavior in the Federal District’s fuel retail market. The recommendation, […]
DOJ Forces Agri Stats to Halt Data Sharing Scheme Accused of Inflating Meat Prices
The U.S. Department of Justice has reached a proposed settlement with agricultural data firm Agri Stats that would force the company to stop sharing competitively sensitive information among the nation’s largest meat processors, a practice […]
Italian Competition Authority Opens Investigations Into Glovo and Deliveroo Over Rider Communications
Italy’s competition authority has opened investigations into companies belonging to the Glovo group and Deliveroo Italy over alleged misleading communications concerning their treatment of delivery riders and corporate social responsibility commitments. The Italian Competition Authority […]
French Authority Conducts Dawn Raids in Food Supplements and Dermo-Cosmetics Sectors
France’s competition authority said it carried out unannounced inspections at companies active in the food supplements and dermo-cosmetic products sectors as part of an investigation into suspected anticompetitive practices. The Autorité de la concurrence said […]
UK FCA Investigates Mastercard, Visa and PayPal Over Digital Wallet Practices
The UK Financial Conduct Authority said it is investigating Mastercard, Visa and PayPal for suspected anti-competitive conduct linked to the funding and use of PayPal’s digital wallet. In a statement published on Tuesday, the FCA […]
Norwegian Competition Authority Conducts Dawn Raids in Building Materials Supply Chain Probe
Norway’s Competition Authority has carried out unannounced inspections at companies operating in the building materials supply chain as part of an investigation into suspected illegal cooperation. The authority said the inspections, conducted at the end […]
Turkish Competition Authority Opens Probe Into Dassault Dealers Over Alleged Price-Fixing and No-Poach Agreements
Turkey’s Competition Board has opened a new antitrust investigation into several dealers of Dassault Systèmes over allegations of price-fixing, customer allocation and no-poach agreements in the market for engineering and design software. The investigation targets […]
