Tag: cartel
US Sanctions Ethereum Wallet: Linked to the Famous Drug Cartel!
OFAC sanctioned the Ethereum (ETH) wallet of a member of the international criminal network Sinaloa cartel, who was found to use cryptocurrency for drug trafficking. Office of Foreign Assets Control…
Why there is so much at stake in the US antitrust trial
Google logo The US government accuses the company of anti-competitive tactics. (Photo: Reuters) Dusseldorf There are a few celebrations coming up at Google these weeks as the internet giant celebrates…
Traffic light gives the Cartel Office drastic powers
Berlin First blockade, then marathon negotiations, then agreement. The model for laws of the traffic light coalition also applies to competition law. Shortly before 2 a.m. on the night of…
Fragrance manufacturer Symrise is defending itself in court against cartel allegations
Fragrance mixtures at Symrise The Dax group defends itself against cartel allegations. (Photo: Symrise) Dusseldorf The fragrance and aroma manufacturer Symrise is defending itself in court against the ongoing antitrust…
Sugar cartel ordered to pay millions in damages
Suedzucker According to the court, the large sugar manufacturers have collected sugar prices that are too high after cartel agreements. (Photo: dpa) Manheim The major sugar manufacturers Südzucker, Nordzucker and…
Oil cartel lowers production target – Saudi Arabia voluntarily cuts even further
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al-Saud in Vienna Saudi Arabia relies on a fairly high oil price to cover all government spending. (Photo: Reuters) Frankfurt OPEC-plus lowers…
Cartel Office initiates proceedings against Vodafone
Vodafone radio mast 1&1 accuses the group and its subsidiary Vantage Towers of deliberately slowing down the expansion of the competitor. (Photo: Reuters) Dusseldorf Why is the expansion of 1&1’s…
Cartel Office targets gas suppliers
gas stove With the electricity and gas price brakes, the federal government wants to mitigate the consequences of increased energy prices for consumers or companies. (Photo: dpa) Dusseldorf The Bundeskartellamt…
Investigations against Symrise on suspicion of a cartel are ongoing
Dusseldorf The antitrust investigations against the German fragrance and aroma manufacturer Symrise are ongoing. The Dax group and its three major competitors are suspected of having coordinated their pricing policy…
Symrise share collapses, fragrance manufacturer suspected of being a cartel
Symrise headquarters in Holzminden The German fragrance manufacturer is suspected of being a cartel. (Photo: dpa) Dusseldorf The German fragrance and aroma manufacturer Symrise is suspected of having entered into…
Symrise share collapses, fragrance manufacturer suspected of being a cartel
Symrise headquarters in Holzminden The German fragrance manufacturer is suspected of being a cartel. (Photo: dpa) Dusseldorf The German fragrance and aroma manufacturer Symrise is suspected of having entered into…
1&1 announces complaint against Vodafone subsidiary Vantage Towers at the cartel office
Internet company 1&1 The expansion of mobile communications for 5G is sluggish at best. However, the company seems to identify competition as the cause. (Photo: dpa) Montabaur After considerable delays…
FDP demands review of prices by the Cartel Office
Berlin The FDP has asked the Federal Cartel Office to review pricing in the district heating sector. The economic policy spokesman for the parliamentary group, Reinhard Houben, justified this in…
Call for the cartel office: Is district heating too expensive?
Berlin Politicians in the traffic light coalition are calling for the Federal Cartel Office to intervene in view of the sometimes drastically increased district heating prices. The Cartel Office must…
Rail cartel: Deutsche Bahn suffers defeat in court
Deutsche Bahn tracks The rail cartel has agreed on prices for many years in the past. (Photo: dpa) Dusseldorf Deutsche Bahn suffered a bitter defeat in its trials against the…
Is the cartel of the unwilling shaking?
Lufthansa flight cancellations in Munich Many airline customers become abused lenders to the aviation industry because of the prepayment of tickets. (Photo: dpa) Winglets on the wingtips that make flights…
Intel wants almost 600 million interest from the EU after the cartel fine has been lifted
intel In the dispute over an antitrust fine that has been lifted, the chip manufacturer is now following up. (Photo: Reuters) Frankfurt After the lifting of a billion-euro antitrust fine…
Glad that the cartel office is investigating the prices
Expensive fuel despite the tank discount: The prices for petrol and diesel at the pumps have recently risen sharply. The temporary lowering of the energy tax since June 1 is…
Glad that the cartel office is investigating the prices
Expensive fuel despite the tank discount: The prices for petrol and diesel at the pumps have recently risen sharply. The temporary lowering of the energy tax since June 1 is…
Building Minister Scharrenbach: Cartel Office should check building material prices
construction site Building material prices had already exploded last year. According to data from the Federal Statistical Office, the prices for individual building materials such as wood and steel rose…