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Broke and can’t pay: reduced fines under Almunia?

Fried Frank Harris Shriver & Jacobson LLP
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European Union
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August 6 2010

Two recent cartel decisions in which defendants have received reductions in fines because of economic hardship have led some to wonder if new Competition Commissioner Joaquín Almunia might prove more lenient than his predecessor

EC approves Kraft’s takeover of Cadbury

Fried Frank Harris Shriver & Jacobson LLP
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European Union
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August 6 2010

The EC has cleared the acquisition by US-based Kraft of British confectionery group Cadbury

OFT’s landmark investigation collapses

Fried Frank Harris Shriver & Jacobson LLP
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United Kingdom
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August 6 2010

In May 2010, the prosecution by the UK's Office of Fair Trading ("OFT ") of four British Airways ("BA") executives collapsed after the defence uncovered crucial new evidence

RBS fined for disclosing pricing information

Fried Frank Harris Shriver & Jacobson LLP
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USA
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August 6 2010

The OFT has fined The Royal Bank of Scotland ("RBS") £28.5 million for disclosing pricing information to its rival Barclays Bank

New guidance regarding director disqualification

Fried Frank Harris Shriver & Jacobson LLP
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United Kingdom
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August 6 2010

In the UK, the OFT and sectoral regulators may request the High Court to disqualify a director whose company has been involved in an antitrust violation

German Supreme Court confirms conglomerate merger prohibition

Fried Frank Harris Shriver & Jacobson LLP
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Germany
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August 6 2010

In 2006, the FCO blocked the merger between newspaper publisher Axel Springer and TV group ProSieben

Energy groups settle investigations

Fried Frank Harris Shriver & Jacobson LLP
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European Union
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August 6 2010

The EC has recently accepted remedies offered by two major European energy groups

Court of appeal cuts down record cartel fine

Fried Frank Harris Shriver & Jacobson LLP
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France
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August 6 2010

The Paris Court of Appeal has reduced a fine that the French Competition Council (now Competition Authority) imposed on 11 steel traders from 575 million to 73 million

CAT finds that CC’s report was tainted by apparent bias

Fried Frank Harris Shriver & Jacobson LLP
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United Kingdom
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August 6 2010

In March 2009, following a two-year long investigation, the UK's Competition Commission ("CC") decided that BAA's common ownership of seven British airports adversely affected competition

AstraZeneca loses its appeal

Fried Frank Harris Shriver & Jacobson LLP
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European Union
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August 6 2010

In 2005, the EC fined pharmaceutical group AstraZeneca 60 million for abusing its dominant position in the supply of ulcer drugs

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Search results

Broke and can’t pay: reduced fines under Almunia?

EC approves Kraft’s takeover of Cadbury

OFT’s landmark investigation collapses

RBS fined for disclosing pricing information

New guidance regarding director disqualification

German Supreme Court confirms conglomerate merger prohibition

Energy groups settle investigations

Court of appeal cuts down record cartel fine

CAT finds that CC’s report was tainted by apparent bias

AstraZeneca loses its appeal

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