EU: Court cuts Deutsche Telekom antitrust fine by a third

EU: Court cuts Deutsche Telekom antitrust fine by a third

Europe’s second-highest court on Thursday, December 13,  slashed an EU antitrust fine handed down to Deutsche Telekom four years ago by about a third to €19 million (17.09 million pounds), saying that EU regulators had erred in calculating the penalty. Deutsche Telekom welcomed the decision but said it was not convinced by all aspects of […]

EU: EC asks “Does Google harm local search rivals?”

EU: EC asks “Does Google harm local search rivals?”

EU antitrust regulators have asked Google’s rivals if the internet search giant unfairly demotes local search competitors, according to a questionnaire seen by Reuters. Google has been fined a total €6.76 billion (US$7.7 billion) in the last 17 months for favoring its comparison shopping service and for using its dominant Android mobile operating system to […]

EU: Google challenges record US$5b antitrust fine

EU: Google challenges record US$5b antitrust fine

Alphabet unit Google has challenged a record US$5 billion fine imposed by European Union antitrust regulators three months ago for using its popular Android mobile operating system to thwart rivals, reported the Wall Street Journal. “We have now filed our appeal of the EC’s Android decision at the General Court of the EU,” Google said in an […]

US: Elizabeth Warren backs EU antitrust fine for Google

US: Elizabeth Warren backs EU antitrust fine for Google

Earlier this week Senator Elizabeth Warren sat down with CNBC’s John Harwood to discuss an array of issues, from President Donald Trump to the economy. Here, she talked about the European Union’s fine of Alphabet’s Google and how the US pursues antitrust enforcement. Q: The European Union just fined Google US$5 billion. You like that? […]

EU: Qualcomm request court to overturn US$1.2b antitrust fine

EU: Qualcomm request court to overturn US$1.2b antitrust fine

Qualcomm is asking the European Union’s General Court to strike down or substantially reduce a €997 million (US$1.2 billion) antitrust fine over payments made to Apple to ensure only its chips were used in iPhones and iPads, reported Bloomberg. A short summary of the company’s legal arguments for the court appeal filed in April was […]

Australia: Japanese manufacturer gets Australia’s biggest fine in cartel history

Australia: Japanese manufacturer gets Australia’s biggest fine in cartel history

One of the world’s largest worldwide automotive suppliers, Japanese-based Yazaki Corporation, has received the largest fine ever under competition law in Australia for engaging in cartel conduct. The AUS$46 million (US$34.6 million) penalty, imposed on Wednesday, May 16, by the Federal Court, following an appeal by the Australian Consumer and Competition Commission (ACCC), more than […]

EU: Brussels closes in on Google as it prepares second antitrust fine

EU: Brussels closes in on Google as it prepares second antitrust fine

The EU is preparing to fine Google over its multi-billion dollar advertising empire as a high-profile investigation into its Android operating system is pushed back to next year. Europe’s competition commissioner Margrethe Vestager is gearing up to hit the web giant with an antitrust penalty over AdSense, its powerful advertising network, with a decision expected […]

Israel: Tnuva fined over price fixing

Israel: Tnuva fined over price fixing

Tnuva, Israel’s largest dairy concern, is set to sign a settlement with the Justice Ministry’s Antitrust Authority, admitting that it sought to limit competition on some of its products that were sold in Israel’s largest supermarkets. The company will pay a 25 million shekel (US$7.2) fine, which will be distributed to customers who purchased the […]

France: Forbo to pay US$88 million in antitrust case

France: Forbo to pay US$88 million in antitrust case

Forbo will pay an US$88.4 million fine as a result of antitrust proceedings against major flooring systems manufacturers in France, the Swiss company said. The antitrust case, which began in 2013. has now been concluded, the Baar-based firm said in a statement issued October. 19. Forbo said it had made a provision of US$87.2 million […]

China: NDRC issues price-fixing fines to PVC companies

China: NDRC issues price-fixing fines to PVC companies

China’s National Development and Reform Commission (NDRC) has issued fines to 6 polyvinyl chloride (PVC) manufacturers for price-fixing the PVC market. The companies involved are: Yibin Tianyuan Group, Sichuan Jinlu Group, Ningxia Younglight Chemicals, Inner Mongolia Juzheng Energy and Chemical Group, Elion Clean Energy and Inner Mongolia Eerduosi Resources. Although the NDRC has not yet […]

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