The Lithuanian Competition Council announced on July 20 that the local branch of Swedbank has made concessions in order to resolve an ongoing investigation into allegations of the bank abusing its dominant position. The competition regulator opened an investigation in January into whether Swedbank, the country’s largest retail bank, had engaged in anti-competitive behavior. The […]
The Hellenic Competition Commission (HCC) announced on July 17, 2017, that it had issued over €10 million (US$11.5 million) in fines to a group of companies in the detergents and cosmetics market, led by Colgate-Palmolive. The fines were issued due to the Commission determining that the Colgate-Palmolive had violated TFEU Articles 101 and 102, abusing […]
US chipmaker Qualcomm faces the threat of a daily fine of €580,000 (US$665,000) for failing to provide EU antitrust regulators with information after missing a July 30 deadline and losing an appeal against the penalty in a European Union court on Monday. Qualcomm, which was charged by the European Commission for using anti-competitive methods to […]
Spanish communications and competition regulator, CNMC, has fined Nokia Solutions and Networks Spain a total of EUR 1.74 million (US$1.94m) following anticompetitive behavior in the tender to modernize and maintain the country’s railway communication system on high-speed train lines. Specifically, the CNMC accused Nokia of abusing of its dominant position and engaging in a margin […]
Posted by Social Science Research Network The EU Competition Law Fining System: A Quantitative Review of the Commission Decisions between 2000 and 2017 By Damien Geradin (TILEC) & Katarzyna Sadrak (University of Heidelberg) Abstract: There is a large amount of legal and economic literature on the fining policy of the European Commission for […]
Daniel Crane, Feb 28, 2010 The Federal Trade Commission’s (“FTC’s”) unprecedented enforcement action against Intel raises profound issues concerning the scope of the FTC’s powers to give a construction to Section 5 of the FTC Act that goes beyond the substantive reach of the Sherman Act. While I have urged the FTC to assert such […]
McDonald’s is facing antitrust complaints in France, Germany and Italy for allegedly abusing its market power to force franchisees to charge higher prices than in stores it operates directly. McDonald’s also charges excessively higher rents for franchise locations and imposes terms that restrict franchisees from shifting to other brands, the complaints allege. For consumers in […]
The Competition Commission has asked the Competition Tribunal to prosecute Netherlands-based seed potato breeder HZPC Holland and its exclusive South African distributor Wesgro Potatoes for the alleged abuse of dominance in supplying Mondial seed potatoes varietal in the country. Wesgro has an exclusive agreement with HZPC to sell the Mondial seed potato varietal to commercial […]
By Michael Han, Andrew Skudder and David Boyle – In November 2016, the SAIC published its penalty decision against Tetra Pak. Following a thorough investigation, the SAIC imposed a fine of USD $97 million on Tetra Pak for abusing its dominant market position in the liquid food aseptic carton packaging industry. The SAIC’s decision in […]
Companies with past issues with Google believe President Trump should nominate Utah Attorney General Sean Reyes to be the next chairman of the Federal Trade Commission. The Wall Street Journal reported that a number of companies and interest groups have waged behind-the-scenes lobbying campaigns over who will chair the Federal Trade Commission Reyes, a rising […]