Federal authorities are preparing to issue sanctions against banks for participating in an alleged foreign exchange benchmark rigging scandal, and fines could come as early as this year, according to reports.
An unnamed source told reporters this week that several individuals and firms could face fines before the end of the …read more
A new antitrust complaint has hit Amazon in Germany, continuing the saga of competition concerns within the online eBooks retail business.
According to reports, Germany’s booksellers association filed the complaint against the world’s largest online retailer with the Federal Cartel Office accusing Amazon of abusing its market dominance against publishers. Authorities …read more
(by Andreas Stephan) A former managing director charged with the UK’s cartel offence has pleaded guilty to the criminal offence of price fixing. Peter Nigel Snee pleaded guilty to fixing the price of galvanised steel tanks used for water storage and now awaits sentencing. His case provides an important first …read more