A former senior official at South Korea’s Fair Trade Commission, and the FTC itself, is under fire by critics for its role in a corruption scandal that some experts say represents a broader problem in the nation of collusive relations between the government and the private sector.
According to reports, the …read more
The European Commission is reportedly reconsidering certain antitrust exemptions offered to the insurance industry.
The Commission has sent questionnaires to shareholders of the industry to gain insight into the opinion of the Insurance Block Exemption Regulation, which allows certain agreements between insurance companies that would normally be against competition rules. According …read more
One of the world’s largest mining companies filed a motion late Monday to exit a nationwide lawsuit accusing the company and other conglomerates of manipulating aluminum prices.
According to reports, Glencore, based in Switzerland, said it has only minimal contacts in jurisdictions in which alleged collusion occurred. Further, Glencore said it …read more
Top antitrust officials have submitted public comment to the United States Sentencing Commission suggesting that higher antitrust fines are necessary to deter anticompetitive behavior, but the submissions disagreed as to why.
The American Antitrust Institute submitted its comment to the USSC arguing that current guidelines that fine price-fixing …read more