A government body has been assigned to evaluate the recommendations of financial penalties for price-fixing violations, according to reports, in a move that could lead to higher fines for anticompetitive corporate behavior.
The US Sentencing Commission first identified price-fixing as a potential area of study last month. Now, say reports, the …read more
The World Gold Council is exploring ways to overhaul the gold benchmark setting process as rigging claims plague the London Gold Fix.
According to reports, WGC managing director Natalie Dempster spoke Monday at a convention to discuss overhauls to the method of setting the gold fix,; reports say 34 delegates of …read more
American Express slammed rivals Visa and MasterCard as a duopoly in court documents filed this week, say reports, as part of its defense in a lawsuit filed by the Department of Justice.
The remarks highlight the battle being fought by credit card giants in the US as they face legal action …read more
Davies Ward Phillips & Vineberg LLP, Canada
Introduction
With the exception of hard-core cartel conduct such as price-fixing and bid-rigging, Canadian competition law has de-emphasized in recent years the importance of pricing conduct as a source of anti-competitive harm. Thus, although …read more