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Fines Antitrust Violations

BCLP

Hong Kong Court of Appeal decision on cartel fines imposed on entities within the same undertaking

BCLP on

Competition Commission v W. Hing Construction & others [2022] HKCA 786 (judgment date: 2 June 2022) concerned an appeal from the first Hong Kong judgments concerning pecuniary penalties for contraventions of competition...more

Hogan Lovells

Bundeskartellamt veröffentlicht neue Leitlinien zu Bußgeldberechnung und Kronzeugenprogramm

Hogan Lovells on

Am 11. Oktober 2021 hat das Bundeskartellamt („BKartA“) zentrale Dokumente für seine Kartellverfolgung aktualisiert und eine Neufassung sowohl seiner Bonusregelung vom 07.03.2006 als auch seiner Bußgeldleitlinien vom...more

Foster Garvey PC

Online Travel Update: Russian authorities impose antitrust penalty on Booking.com and individual branded properties decided to...

Foster Garvey PC on

Russian Authorities Impose Anti-Trust Penalty on Booking.com - (“Booking.com Faces $17.5 Million Competition Fine in Russia,” August 26, 2021 via Skift) (subscription may be required) Russia’s federal antimonopoly...more

Skadden, Arps, Slate, Meagher & Flom LLP

China Publishes Draft Amendments to Anti-Monopoly Law

For the first time since China’s Anti-Monopoly Law (AML) came into force in 2008, the government is proposing major changes to its centerpiece antitrust legislation. On January 2, 2020, the State Administration for Market...more

Skadden, Arps, Slate, Meagher & Flom LLP

The UK Court of Appeal Overturns CAT and Imposes Agency Discretion on Excessive Price Benchmark

On March 10, 2020, the England and Wales Court of Appeal (CoA) handed down its judgment in the appeals by the U.K. Competition and Markets Authority (CMA) and Flynn Pharma Ltd. against a June 2018 Competition Appeal...more

Morgan Lewis

Global Cartel Enforcement Report Year - End 2019

Morgan Lewis on

Global cartel fine totals rebounded somewhat in 2019, approaching historical norms following two years of sharply lower fine levels. The $6.1 billion total is the highest global fine level since 2016. Most of the increased...more

Hogan Lovells

Dutch competition authority imposes fine on company for deleted chat messages during a dawn raid

Hogan Lovells on

The Dutch competition authority (“ACM“) recently confirmed that the obligation to cooperate fully with an inspection/during a dawn raid is of utmost importance and of great relevance to companies under investigation.  On 10...more

White & Case LLP

New Bill: Enhancement of Fines under the Japan Anti-Monopoly Act

White & Case LLP on

The bill to amend the Anti-Monopoly Act (the "AMA"), that includes the enhancement of a surcharge (i.e., administrative fine), has passed on June 19, 2019.1 It will be effective no later than from December 25, 2020. The...more

White & Case LLP

Who'd have guessed: Coty did not end the debate!

White & Case LLP on

The e-commerce sector inquiry and inconsistent national case law and enforcement practice have illustrated the need for clarifications and/or reform regarding e-commerce restrictions. Even after the ECJ's Coty judgment, a...more

Foster Garvey PC

OTA & Travel Distribution Update: French authorities to examine travel platforms' pricing practices; tour operators' cooperation...

Foster Garvey PC on

Is it just my generally biased view of online travel platforms or are regulators finally taking a hard look at the sometimes questionable practices of these channels? Enjoy....more

Dechert LLP

Recent EU Fines for Resale Price Maintenance Are Symptoms of Broader Challenges Faced by Today’s Consumer-Goods Manufacturers

Dechert LLP on

The European Commission (the “Commission”) issued four separate decisions on 24 July 2018, fining consumer electronics manufacturers Asus, Denon & Marantz, Philips and Pioneer a total of €111 million for imposing fixed or...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU Fines Google €4.34 billion for Alleged Abuse of Dominant Position of Android Mobile System and Apps

On July 18, 2018, the European Commission (Commission) imposed a fine on Google LLC for the alleged abuse of a dominant market position pertaining to Android mobile devices. Google and its parent company, Alphabet Inc....more

Skadden, Arps, Slate, Meagher & Flom LLP

EC Fines Consumer Electronics Manufacturers for RPM

The European Commission (EC or the Commission) announced on July 24, 2018, that it has imposed a total fine of €111 million on four consumer electronics manufacturers — Asus, Denon & Marantz, Philips and Pioneer — for...more

Skadden, Arps, Slate, Meagher & Flom LLP

Southeast Asian Competition Regulators Ramp Up Merger Control Enforcement

Global deal planning often overlooks merger control regimes in Southeast Asia. However, in recent months these regulators have become increasingly active and are enforcing failures to file relevant transactions for review....more

Foster Garvey PC

Resource for Doing Business in the United States – Installment #10 – Antitrust

Foster Garvey PC on

Perhaps you have heard about some of the huge fines companies have faced after being charged with antitrust violations, such as Google’s $2.7 billion fine in June 2017, or the $26.7 million Euro judgment against one of...more

Foster Garvey PC

OTA & Travel Distribution Update - California City Can Ban Short-Term Rentals; Airbnb Purges San Francisco Listings; Italian...

Foster Garvey PC on

This week’s OTA & Travel Distribution Update for the week ending January 19 is below. This week’s Update includes a heavy dose of short-term rental stories as well as details on Italian regulators’ recent efforts against...more

Bracewell LLP

Investment Firm to Pay Record $11 Million Fine for Violation of HSR Act

Bracewell LLP on

On July 12, 2016, the Department of Justice (“DOJ”) announced that investment firm ValueAct Capital (“ValueAct”) agreed to pay a record $11 million fine to settle charges that it and its affiliates violated the reporting and...more

McDermott Will & Emery

General Court of the EU Dismisses Trioplast Application Seeking Reimbursement of Interest Paid for Being Late in Paying Cartel...

McDermott Will & Emery on

With a judgment handed down on 12 May 2016 (Case T-669/14, Trioplast Industrier AB v. European Commission), the General Court of the European Union (GCEU) dismissed an action brought by Trioplast Industrier AB (Trioplast...more

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