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Cartels

DOJ-Antitrust Revises Guidance on Coverage of "Current" Employees in Company Leniency Agreements

by Jones Day on

The U.S. Department of Justice's ("DOJ") Antitrust Division historically has extended leniency to cooperating companies and their current employees, even "highly culpable" employees who were very involved in the price-fixing...more

Latest Reform of German Competition Law Brings Clarity

by Jones Day on

The German Parliament has adopted the 9th Amendment to the German "Act against Restraints of Competition" ("ARC") or "Gesetz gegen Wettbewerbsbeschränkungen" ("GWB"). The new law will enter into force after publication in the...more

European Competition Law Newsletter – May 2017

by McGuireWoods LLP on

Illegal Distribution Activities in the Spotlight Across the EU - Online and offline distribution issues remain a key focus of competition law regulators in the EU. This has been demonstrated yet again in recent weeks,...more

European Commission Launches Competition Law Anonymous Whistleblower Tool

by Jones Day on

The European Commission has introduced a new tool to encourage individuals to disclose anticompetitive conduct on an anonymous basis. Individuals are invited to supply inside knowledge to help the Commission uncover cartels...more

DOJ’s Antitrust Fashion Show - Awaiting a price-fixing investigation in the U.S. modeling industry?

As the United Kingdom’s Competition and Markets Authority (CMA), Italy’s Autorità Garante della Concorrenza e del Mercato and France’s Autorité de la Concurrence are wrapping up their prosecutions of Europe’s top modeling...more

Federation Council adopts draft law on differentiating fines for anticompetitive agreements and concerted practices

by Dentons on

On 12 April 2017 the Federation Council of the RF Federal Assembly adopted the draft Federal Law No. 52643-7 on Amendments to the Russian Federation Code on Administrative Offenses (the "Draft Law"). The Draft Law is expected...more

The Battle over Damages for Delayed Proceedings at EU General Court Continues

by Jones Day on

The controversy continues over damages for excessively lengthy proceedings at the European Union ("EU") General Court. In March 2017, both the EU and Gascogne initiated appeals before the EU's highest court in challenge of...more

EU Competition Newsletter - April 2017

by Bryan Cave on

The Brexit referendum result in June last year created many uncertainties for the British economy and continues to do so. In this Breakfast Seminar, Robert Bell will focus his remarks on what he sees will be the likely...more

Cartel crackdown – £100,000 reward for whistleblowers

by Dentons on

The new “Cracking Down on Cartels” campaign is targeting businesses which agree to not compete with each other in order to keep prices high, thereby cheating their customers. The purpose of this is to ensure there is healthy...more

EU Retail News - March 2017

by Bryan Cave on

From April 2017, the following legal changes are coming into effect. Make sure your business is prepared! Part of this publication originally published by Drapers - March, 2017...more

Ninth Amendment to German Act Against Restraints of Competition to Take Effect Soon

by Morgan Lewis on

Key changes triggered by the amendment relate to a company’s liability for cartel infringements, the introduction of a transaction value test into merger control, private enforcement through the implementation of the EU...more

THE LATEST: Acting AAG Clarifies Scope of Amnesty for Executives

by McDermott Will & Emery on

The US Department of Justice (DOJ) Antitrust Division (the Division) offers leniency to the first company to contact the Division and acknowledge participation in an antitrust conspiracy such as price-fixing, bid-rigging or...more

European Commission Launches New Cartel Reporting Tool, Member States Laud the Role of Whistleblowers

by McDermott Will & Emery on

European Commissioner of Competition Margrethe Vestager made news when she announced that the European Commission had launched a new IT system enabling individuals to anonymously report cartel activity. In parallel, several...more

EU Competition Newsletter - March 2017

by Bryan Cave on

What Future for EU Public Procurement Law in the UK After Brexit? Those aficionados of the silver screen will remember comedians Laurel and Hardy and in particular their catchphrase 'Well here's another nice mess you've...more

EU Commissioner Warns Companies of Potentially Unlawful Use of Pricing Algorithms

by K&L Gates LLP on

On 16 March 2017, EU Competition Commissioner Margrethe Vestager gave a speech on algorithms and competition at the Bundeskartellamt's 18th Conference on Competition in Berlin, during which she discussed the potentially...more

Damages Directive and competition claims

by Allen & Overy LLP on

The Damages Directive came into force in the UK on 9 March 2017. This change is important, as the risk of competition claims is likely to increase steadily across the EU. What may be less obvious, but is equally significant,...more

Retailers - can you be liable for cartel behaviour for using pricing software and algorithms?

by Bryan Cave on

A key issue regulators are grappling with is what antitrust liability can attach to retailers who use price matching software or other algorithms to match competitors’ online prices? In a speech made on 16 March 2017,...more

Price Setting Bots Aren’t Price Fixing Bots, and Airline Tariff Publishing is Wrong

by Kelley Drye & Warren LLP on

On Thursday, March 16, 2017, in a speech at the Bundeskartellamt’s 18th Conference on Competition, European Commissioner for Competition, Margrethe Vestager, discussed the specter of automated price fixing cartels. She...more

Fifth Annual Report Reviews Global Antitrust Developments

by Shearman & Sterling LLP on

Shearman & Sterling’s 2017 Antitrust Annual Report reflects our lawyers’ experience and insights on key antitrust risks affecting our clients’ businesses. Please see full Report below for more information....more

Leniency is Not Enough! The New Anonymous Whistleblower Tool

by Reed Smith on

If leniency was not enough, disgruntled employees and former colleagues will soon have the possibility to anonymously alert the Commission of the existence of secret cartels, without the benefit of immunity from fines that...more

Snitches get……massive cash rewards

by Bryan Cave on

On Monday 20 March 2017, the UK Competition and Markets Authority (CMA) announced a campaign to encourage whistle-blowers to come forward and expose cartels. The campaign is going to target social media and key websites. ...more

EU antitrust enforcement 2.0 – European Commission raises concerns about algorithms and encourages individual whistleblowers

by Hogan Lovells on

The European Competition Commissioner Margrethe Vestager has emphasised two important developments for EU antitrust enforcement, which have emerged from technological advancements: The Commission is taking proactive...more

No hiding a cartel under a joint venture marketing company

by Bryan Cave on

We are used to companies being fined for cartels acting undercover to agree on prices or other market parameters. What about companies openly agreeing together through a joint venture company?...more

Significant Competition Law Changes In Germany

by Morrison & Foerster LLP on

On March 9, 2017 the German Federal Parliament passed the ninth amendment to the Act against Restraints of Competition (ARC) (Gesetz gegen Wettbewerbsbeschränkungen). The amendment is expected to come into force in Q2/2017...more

The Court of Justice of the European Union (CJEU) Confirms the Commission’s Approach to Hybrid Settlements

by McDermott Will & Emery on

The case follows on from the Commission’s Animal Feed Phosphates cartel decision pursuant to which fines totalling €176 million were imposed on a number of producers of animal feed for price fixing and market sharing...more

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