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Ajinkya M Tulpule Rajah & Tann Asia

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Cartel participants in the construction industry ordered to pay 756 million yen

Japan - August 1 2011 On 15 April 2011, the Japan Fair Trade Commission (‘JFTC’) found that 30 companies associated with the engineering works in Enzan district, and 21 companies associated with the engineering works in Isawa district, respectively, were in violation of Article 3 (Prohibition of unreasonable restraint of trade) of the Antimonopoly Act....

Kala Anandarajah, Dominique Lombardi, Dr Robert Ian McEwin, Lim Yee Weng.


Competition Commission of India (‘CCI’) fines the National Stock Exchange Rs 555 million for abusing its dominance

India - August 1 2011 On 23 June 2011, the CCI handed down a 170 page decision that imposed a record fine of Rupees 555 million on India’s National Stock Exchange....

Kala Anandarajah, Dominique Lombardi, Dr Robert Ian McEwin, Lim Yee Weng.


Water management companies fined 8 million for breaching inspection seal

European Union, France - August 1 2011 In May 2011, two French water management companies, Suez Environment and its subsidiary Lyonnaise des Eaux (‘LDE’), were fined 8 Million by the EC for the breach of a seal affixed by the EC during an inspection at LDE’s premises for anticompetitive conduct....

Kala Anandarajah, Dominique Lombardi, Dr Robert Ian McEwin, Lim Yee Weng.


EU General Court annuls fines imposed on Mitsubishi and Toshiba for gas insulated switchgear market

European Union - August 1 2011 In January 2007, the EC imposed fines amounting to more than 750 million on European and Japanese companies, including Mitsubishi and Toshiba, for their participation in a cartel for gas insulated switchgear (an important component in electric substations)....

Kala Anandarajah, Dominique Lombardi, Dr Robert Ian McEwin, Lim Yee Weng.


Wool scouring companies’ merger authorised, but stayed pending challenge

New Zealand - August 1 2011 On 9 June 2011, the NZ Commerce Commission authorised an application by Cavalier Wool Holdings Limited (‘Cavalier Wool’) to acquire all of the wool scouring assets of New Zealand Wool Services International Limited (‘WSI’)....

Kala Anandarajah, Dominique Lombardi, Dr Robert Ian McEwin, Lim Yee Weng.