This week, the Economic Community of West African States (ECOWAS) is gathering top aviation officials, ministers, and industry stakeholders in Lomé, Togo, from November 5-8, to address the high cost of air travel and chart […]
Category: Horizonal
Horizontal agreements, cartels.
Finnish Veterinary Market Faces Price Hikes Amid Consolidation
The Finnish Competition and Consumer Authority (KKV) has found that the Finnish veterinary market has significantly consolidated over the past decade, with two private equity-owned chains now dominating the sector. According to the FCCA’s new […]
South Korea Fines Companies for Bid Collusion
South Korea’s Fair Trade Commission (FTC) has fined Korea Yamazaki Mazak Co., Ltd. and Doo Kwang Machinery Co., Ltd. KRW 174 million (USD 126,000) for collusion in five machine tool purchase bids from December 2019 […]
Argentina Hosts International Dialogue on Leniency Programs to Combat Cartels
On October 31, 2024, Argentina’s Competition Defense Commission of the Bar Association of Buenos Aires held a conference exploring leniency programs in Argentina, Chile, and Peru. The event featured Alexis Pirchio, President of Argentina’s National […]
EC fines Teva €462.6 million
European Commission has announced (31 October) it fined Teva €462.6 million over misuse of the patent system and disparagement to delay rival multiple sclerosis medicines. The European Commission has fined pharmaceutical giant Teva €462.6 million […]
Colombian Dairy Companies Fined Over Raw Milk Payment Violations
On October 29, 2024, Colombia’s Superintendency of Industry and Commerce imposed initial fines totaling 1.1 billion COP (approx. USD 275,000) on twelve companies in the dairy sector for violations related to the raw milk payment […]
Six Charged in US Federal Bid-Rigging and Fraud Schemes
The U.S. Justice Department has charged six defendants in connection with schemes to rig bids, defraud the federal government, and pay bribes related to IT contracts, resulting in millions of dollars in overcharges. The schemes […]
Cofece Files First Class Action Against Mexican Pharma Companies for Price Fixing and Supply Manipulation
The Federal Economic Competition Commission (Cofece) has launched its first-ever class action lawsuit against major pharmaceutical companies, including Casa Marzam, Casa Saba, Fármacos Nacionales, and the Association of Pharmaceutical Product Distributors of the Mexican Republic. […]
Former Executive Sentenced for Bid-Rigging in Quebec
The Court of Quebec has sentenced André Côté, a former executive of engineering firm Roche ltée, Groupe-conseil (now Norda Stelo), to a 14-month conditional sentence for his role in a bid-rigging scheme involving Québec City […]
Singapore Competition Authority Recommends Five-Year Extension for Liner Shipping Exemption
The Competition and Consumer Commission of Singapore (CCCS) has advised the government (28 October) to extend the block exemption order (BEO) for Liner Shipping Agreements (LSAs) for another five years, from January 1, 2025, to […]
