by Know Competition | Sep 30, 2020 | News, UK News
On 30 September 2020, the Competition and Market Authority (“CMA”) accepted a proposal from Ardonagh Group Limited (“Ardonagh”) to reverse its merger with Bennetts Motorcycling Services Limited (“Bennetts”) to resolve competition concerns. Ardonagh and Bennetts are... 
by Know Competition | Sep 29, 2020 | EU News, News
On 29 September 2020, the EU Commission announced that it has fined Brose and Kiekert a total of €18 million for their participations in two cartels in respect of the supplies of closure systems for cars in the European Economic Area. Magna was not fined as it... 
by Know Competition | Sep 25, 2020 | Case Digests, EU Cases
By decision dated 24 September 2020, the CJEU dismissed an appeal by PrysmianCS from the judgment of the EGC, by which the EGC found that PrysmianCS had participated in a cartel in the sector for (extra) high voltage underground and/or submarine power cables from 18... 
by Know Competition | Sep 25, 2020 | EU News, News
On 25 September 2020, the EU Commission, by publication of Executive Vice-President Margrethe Vestager’s statement, announced its decision to appeal against the General Court’s judgment in July 2020 on the Apple state aid case. That judgment has the effect of... 
by Know Competition | Sep 17, 2020 | News, US News
On 17 September 2020, the US Justice Department announced that Akshay Aiyer, a former foreign currency exchange (“FX”) trader at a major multinational bank, was sentenced to serve 8 months in jail and ordered to pay a US $150,000 fine for his participation in an... 