Tag: anti-competitive behaviour

Oxera – Leading economic thinking in Oxera’s Agenda articles | Oxera

Oxera – Leading economic thinking in Oxera’s Agenda articles | Oxera

Competition authorities have historically pursued very few cases against excessive pricing. This seems to be changing. In the past 12 months, the rules on abuse of dominance have been invoked to tackle high prices in a range of markets, including pharmaceuticals, musical works, and patents. Together with increased political calls for fairness to consumers, does […]

Baltimore sues companies in alleged water treatment chemical pricing conspiracy | Baltimore Sun

Baltimore sues companies in alleged water treatment chemical pricing conspiracy | Baltimore Sun

Baltimore sued 18 chemical manufacturers in federal court Monday, alleging that the city fell victim to a conspiracy designed to drive up the cost of the water treatment chemical alum over the course of a decade and a half. The lawsuit seeks at least $5 million in compensation. The FBI and federal prosecutors have been […]

Aspen faces EU probe over excessive pricing of cancer drugs | BusinessDay

Aspen faces EU probe over excessive pricing of cancer drugs | BusinessDay

Brussels — Aspen Pharmacare faces a EU antitrust investigation for ramping up the price of cancer drugs as the EU joins a global crackdown on the soaring cost of life-saving generic medicines. “When the price of a drug suddenly goes up by several hundred percent, this is something the commission may look at,” EU competition […]

Top 5 Antitrust Issues Facing Companies in the U.S. Today: #3 Pricing | The National Law Review

Top 5 Antitrust Issues Facing Companies in the U.S. Today: #3 Pricing | The National Law Review

Prices provide crucial information to buyers and sellers, and so have always been critical to a competitive economy and antitrust law. But the emergence of new online information-harvesting technology and instantaneous transmission of pricing information may lead to new versions of antitrust issues, including anticompetitive price fixing arrangements and disputes about distributors’ pricing. Pricing Algorithms […]

How Pricing Bots Could Form Cartels and Make Things More Expensive | Harvard Business Review

How Pricing Bots Could Form Cartels and Make Things More Expensive | Harvard Business Review

How competitive is our market economy? Not as much as it ought to be. And the growth of big data threatens to make things even worse. Antitrust regulators already struggle to keep markets competitive. How will they fare in a world where intelligent pricing algorithms subtly collude with one another? Before we get to how pricing algorithms might collude, […]

WA electricity retailer Synergy accused of misusing market power | Australian Broadcasting Corporation

WA electricity retailer Synergy accused of misusing market power | Australian Broadcasting Corporation

ERM urged the State Government to take action to ensure both Synergy’s customers and competitors were offered the same prices. In the absence of such action, ERM threatened to take the matter to the Australian Competition and Consumer Commission. “ERM would prefer that the Government intervene to resolve and correct this anti-competitive behaviour, without the […]

Affidavit reveals glimpse into Loblaw pricing practices | The Globe and Mail

Affidavit reveals glimpse into Loblaw pricing practices | The Globe and Mail

Loblaw Cos. Ltd. collected more than “tens of millions of dollars” from its suppliers last year for practices which, according to the Competition Bureau, could be anti-competitive and ultimately lead to higher prices. The revelation is contained in an affidavit sworn in Federal Court that is part of the bureau’s investigation into Loblaw’s potential anti-competitive […]