Antitrust News Feed
Latest antitrust and competition law updates from global authorities
Finnish competition authority
Consumer Ombudsman Urges Reimbursement Claims Against Bondora for Unlawful Credit Costs
May 22, 2024
Bondora, a credit company, has been unlawfully charging consumers credit interest and fees exceeding the legal cap, prompting the Consumer Ombudsman to urge affected consumers to seek reimbursement for the excess amounts.
European Commission (DMA)
High-Level Group for the Digital Markets Act Focuses on Coordinating AI Development with DMA Objectives
May 22, 2024
The High-Level Group for the Digital Markets Act recently met in Brussels to discuss coordinating efforts to ensure that Artificial Intelligence development aligns with the objectives of the DMA.
Spanish competition authority
CNMC Approves Cepsa's Acquisition of Ballenoil with Commitments
May 22, 2024
The CNMC has approved Cepsa's acquisition of Ballenoil with commitments to address competition concerns in the retail distribution of automotive fuels and fuel supply markets.
European Commission
Commission fines Mondelēz €337.5 million for hindering cross-border trade
May 22, 2024
The European Commission has fined Mondelēz International, Inc. €337.5 million for breaching EU competition rules by restricting cross-border trade of chocolate, biscuits, and coffee products between Member States.
Hungarian competition authority
Hungarian Competition Authority Investigates Natur Tanya for Misleading Health Claims
May 22, 2024
The Hungarian Competition Authority has launched a competition supervision procedure against Natur Tanya Hungary Kft. and Naturweb Kft. for allegedly misleading consumers with health-related claims.
Spanish competition authority
CNMC Challenges Regional Regulations in Spain
May 22, 2024
The CNMC has raised concerns over various regional regulations in Spain, including requirements for postal operators, professional reservations, electric vehicle charging stations, vehicle rental markets, commercial establishments, and fiber optic installations.
UK Competition & Markets Authority
CMA Launches Full Probe into Veterinary Services Market
May 22, 2024
The CMA is conducting a thorough investigation into the veterinary services market in response to consumer and industry concerns, focusing on issues like consumer choice, profit levels, and regulatory effectiveness.
Portuguese competition authority
The Future of Cartel Enforcement
May 22, 2024
Nuno Cunha Rodrigues discusses the future of cartel enforcement at the ICN2024 CWG Plenary.
Danish competition authority
Consumers Gain More Power Over Tech Giants
May 22, 2024
New rules strengthening competition in digital markets give consumers more control over their personal data and choice of services on tech giants' platforms.
Polish UOKiK
Alleged Misleading Subscription Practices by CV Creator Lead to UOKiK Charges
May 22, 2024
The President of UOKiK has accused BOLD LLC, the operator of interviewme.pl, of not clearly disclosing subscription terms, potentially leading to automatic renewals and undisclosed charges.
Greek competition authority
Greek Competition Authority to Examine Acquisition of Exclusive Control over MIG by Piraeus Bank
May 21, 2024
The Hellenic Competition Commission will review the acquisition of exclusive control over MIG by Piraeus Bank to determine compliance with competition laws.
Austrian competition authority
Austrian Construction Company Fined EUR 1.3 Million for Participating in Cartel Activities
May 21, 2024
The Austrian Competition Authority successfully imposed a fine of EUR 1.3 million on STEINER BAU for engaging in cartel activities related to price fixing, market allocation, and information exchange in public and private construction projects.
Belgian competition authority
Telenet's Commitments Accepted by Belgian Competition Authority in Cyclo-Cross Broadcasting Rights Case
May 21, 2024
The Belgian Competition Authority has accepted commitments from Telenet regarding the allocation and acquisition of broadcasting rights for cyclo-cross races, addressing concerns of potential competition restrictions.
Finnish competition authority
FCCA Proposes EUR 4.4 Million Penalty for Attendo's Obstruction of Inspection
May 21, 2024
The Finnish Competition and Consumer Authority (FCCA) suggests a penalty of approximately EUR 4.4 million for Attendo Suomi Oy for impeding an inspection by deleting data from a work phone during the process.
European Commission (DMA)
High-Level Group for the Digital Markets Act Focuses on AI Regulation
May 21, 2024
The High-Level Group for the Digital Markets Act has issued a public statement emphasizing the importance of regulating Artificial Intelligence (AI) to ensure a safe, fair, and contestable digital environment.
