Earlier this year, we discussed the potential implications of the COVID-19 pandemic on cartels and collaboration between competitors (see our e-bulletins here and here). Regulators have been open to allowing certain types of cooperation between competitors to address the impact of the crisis. They have nonetheless been careful to stress that this is not general … Read more
The automotive industry is unquestionably evolving at considerable pace, whether through advances in connectivity and autonomy in vehicles, developments in the way that consumers access and use vehicles or changes driven by the “electric revolution” and the unprecedented industry disruption caused by the Covid-19 pandemic. In the latest article in a series entitled “Views on … Read more
On 22 January 2020 the Hong Kong Competition Commission (HKCC) commenced proceedings against Quantr Ltd (Quantr) and one of its directors in the Competition Tribunal (Tribunal). The proceedings concern alleged cartel conduct in 2017 relating to a bidding exercise organised by Ocean Park Corporation (Ocean Park) for the procurement of IT services based on Nintext … Read more
Kawasaki Kisen Kaisha Ltd (K-Line) has received the largest criminal fine imposed under the Competition and Consumer Act, after pleading guilty to criminal cartel conduct in 2018. Justice Wigney of the Federal Court stated that the penalty “should send a powerful message to multinational corporations” and that “anti-competitive conduct will not be tolerated”. It is … Read more
On 19 March 2019, the European Commission (the “Commission“) launched an online tool to enable companies and their legal representatives to submit statements and documents electronically in the context of certain EU competition law proceedings (see Commission press release here; and the Commission’s eLeniency webpage here). The rationale underpinning the so-called “eLeniency” platform is to make the … Read more
