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Company director convicted of cartel offence
On 14 September 2015, a company director was sentenced to 6 months’ imprisonment (suspended) for participation in an anti-competitive cartel, following an investigation by the Competition and Markets...
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CMA to take tougher stance on competition law breaches
The Competition and Markets Authority’s new Executive Director for Enforcement has said that the CMA will take a tougher line on cartel infringements. In an interview with the Financial Times, Dr...
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European Commission imposes €137.8 million fine for car parts cartel
The European Commission has imposed a hefty fine on Melco (Mitsubishi Electric) and Hitachi for their involvement with another Japanese car parts manufacturer (Denso) in a cartel for car engine...
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European Commission has no truck with cartel, imposing record €2.9 billion fine
What has happened? The European Commission handed down record fines totalling nearly € 2.93 billion on four truck manufacturers yesterday after concluding that they were involved in a price fixing...
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More Car Trouble
There was more bad news for the automotive industry last week when the Japanese manufacturer Hitachi Automotive Systems was handed a $55.5 million criminal fine in the US for fixing the price of shock...
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EU Commission demonstrates power, busts battery cartel
The EU Commission has announced a settlement imposing significant fines on Sanyo, Sony and Panasonic for breaching competition law. The fines relate to anti-competitive behaviour between 2004 and 2007...
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Not so model behaviour leads to CMA fines
The Competition and Markets Authority (“CMA”) has shown that no matter what industry you operate in that competition law still applies. While a cartel amongst suppliers of galvanised steel tanks might...
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End of the road for truck cartel case
The European Commission has hit Swedish automotive manufacturer Scania with a substantial €880 million fine for breach of EU antitrust rules. Scania was found to have colluded with five other major...
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Blowing the whistle on anti-competitive cartels
The UK competition regulator, the Competition and Markets Authority (CMA), has announced a 30% increase in “tip-offs” relating to cartels in 2017 following its “Cracking down on Cartels” social media...
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Competition crackdown on construction cartels continues
On 26 April 2019 the CMA announced that it had secured the disqualification of two directors of CPM Group Limited, one of the suppliers involved in a cartel for pre-cast concrete drainage products....
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An eye for an eye: CMA fines medical trade association for competition law...
The Competition and Markets Authority (‘CMA’) has recently fined Consultant Eye Surgeons Partnership Limited (‘CESP’), an organisation formed by a number of partnerships providing private medical and...
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