Anti-Trust

Anti-Trust
Cases
EU
Freshly Brewed

Google Fined by the EU for Antitrust Violations

Earlier today, the the European Commission issued a press release noting that it has fined Google €1.49 billion for breaching EU antitrust rules. According to the release, Google abused its market dominance by imposing restrictive clauses in contracts with third-party websites, preventing them from placing their search ads on these websites. The Commission found that: […]

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Anti-Trust
EU

Telefonica in the Spotlight: European Commission Suspects Breach of Merger Commitments

Last week, the European Commission sent a Statement of Objections to Telefónica Deutschland alleging that the telecom company breached certain commitments it offered to secure the Commission’s approval under the EU Merger Regulation of its acquisition of E-Plus in 2014.  Commitments from merger parties have to be maintained in order to ensure that sufficient competition […]

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Anti-Trust
EU
Freshly Brewed

Mastercard Fined by the European Commission

January 22, 2019: The European Commission issued a notice last week of its Euro 570M fine to Mastercard for limiting merchants from shopping for better bank conditions in the EU Member States, thus artificially raising Mastercard’s cost of card payments and resulting in consumer harm. This fine is handed out under the European antitrust laws. […]

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Anti-Corruption
Anti-Trust
Cases
DOJ
Fraud

DOJ: 3 S. Korean Companies Supplying Fuel to US Military Bases Plead Guilty to Bid Rigging

Nov. 14, 2018:  DOJ announced that three South Korea-based companies agreed to plead guilty to criminal charges and pay an approximately $82M in criminal fines for their involvement in a bid rigging  conspiracy.  The three defendants are: SK Energy Co. Ltd., GS Caltex Corporation, and Hanjin Transportation Co. Ltd.  The three defendants agreed to cooperate with […]

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