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News >> Competition

The Australian Competition and Consumer Commission (ACCC) has announced that the Federal Court of Australia has handed down its decision in Australian Competition and Consumer Commission v Cement Australia Pty Ltd [2014] FCA 148 (28 February 2014), making findings against four out of five corporate respondents from the cement industry in antitrust proceedings brought by the ACCC.

Published in Competition

The United States Department of Justice (DoJ) has announced that Chilean corporation Compañía Sud Americana de Vapores S.A. (CSAV) has agreed to plead guilty to one charge of "[engaging] in a conspiracy to suppress and eliminate competition by allocating customers and routes, rigging bids and fixing prices for the sale of international ocean shipping services of roll-on, roll-off cargo to and from the United States and elsewhere".

Published in Competition

The General Court of the European Union (EGC) has handed down its decisions (both dated 27 February 2014) in two cases relating to cartel activity in the liquid crystal display (LCD) panel market.

Published in Competition

Germany's competition regulator the Bundeskartellamt (BKA) has announced that it has fined the following wallpaper industry entities, as well as associated individuals, a total of approximately €17 million for concluding price-fixing agreements:

Published in Competition

The European Commission (EC) has announced that it has rendered legally binding certain undertakings by Visa Europe to "facilitate cross-border competition".

Published in Competition

The United States (US) Department of Justice (DoJ) has announced that a former executive of Toyota Group subsidiary Denso Corp (Denso) has agreed to plead guilty to obstruction of justice in relation to a DoJ antitrust division investigation and will serve a one-year prison term.

Published in Competition

The Supreme Court of the Australian state of Victoria has handed down its decision in Telstra Corporation Ltd v Singtel Optus Pty Ltd [2014] VSC 35 (18 February 2014). According to The Sydney Morning Herald (SMH), the Court has ruled that an advertising campaign by telecommunications provider SingTel Optus Pty Ltd (Optus) breached Schedule 2 (The Australian Consumer Law) to the Competition and Consumer Act (2010) 1974 No. 51 (Cth) by misleading consumers into believing that Optus's mobile network covering 98.5% of Australia referred to geographical cover when in fact it referred to population.

Published in Consumer Protection

The United States (US) Department of Justice (DoJ) has announced that head representatives of competition regulators from the US, Canada and Mexico convened in Washington DC on 13 February 2014 to "discuss their mutual efforts to ensure continued effective antitrust enforcement cooperation in [their countries'] increasingly interconnected markets".

Published in Competition

The United States (US) Department of Justice (DoJ) has announced that Japan-based automobile parts manufacturer Bridgestone Corp (Bridgestone) has agreed to "plead guilty and to pay a [US]$425 million criminal fine for its role in a conspiracy to fix prices of automotive anti-vibration rubber parts installed in cars sold in [the US] and elsewhere".

Published in Competition

Germany's competition regulator the Bundeskartellamt (BKA) has announced that it has fined the following "major German sugar manufacturers" a total of approximately €280 million for "concluding anticompetitive agreements on sales areas, quotas and prices":

Published in Competition

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