Commission fines Pierre Cardin and its licensee Ahlers €5.7 million for restricting cross-border sales of clothing

November 29, 2024 The European Commission has fined Pierre Cardin and its largest licensee Ahlers a total of €5.7 million for breaching EU antitrust rules by restricting cross-border sales of Pierre Cardin-branded clothing, as well as sales of such products to specific customers.

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BHP, Vale agree to pay $30B damages for Brazil dam disaster

November 1, 2024 Mining giants BHP and Vale have signed a deal with Brazil's government to pay nearly US$30 billion in damages for a 2015 dam collapse that triggered the country's worst environmental disaster.

Commission fines České dráhy and Österreichische Bundesbahnen €48.7 million over collusion to exclude common compe

October 25, 2024 The European Commission has fined České dráhy (‘ČD') and Österreichische Bundesbahnen (‘ÖBB'), the Czech and Austrian rail incumbents, a total of €48.7 million for breaching EU antitrust rules.

SEC charges Keurig with making inaccurate statements regarding recyclability of K-Cup beverage pod

September 13, 2024 The Securities and Exchange Commission charged Keurig Dr Pepper Inc. with making inaccurate statements regarding the recyclability of its K-Cup single use beverage pods.

SEC charges John Deere with FCPA violations for subsidiary’s role in Thai bribery scheme

September 13, 2024 The Securities and Exchange Commission announced that Deere & Company, which does business as John Deere, agreed to pay nearly $10 million to resolve SEC charges that it violated the Foreign Corrupt Practices Act (FCPA) arising out of bribes paid by its wholly owned subsidiary, Wirtgen Thailand.

AG Bonta secures $3.9 million settlement with cryptocurrency company Robinhood

September 6, 2024 California Attorney General Rob Bonta announced a $3.9 million settlement with cryptocurrency trading platform Robinhood Crypto, LLC for failing to allow customers to withdraw their cryptocurrency from their Robinhood accounts from 2018 to 2022, and for failing to fully disclose aspects of its trading and order handling arrangements.

Italy issues $6.4 million fine over Chinese cars badged as Italian

June 21, 2024 Italy’s antitrust authority fined a local automobile company €6 million (US$6.4 million) after determining it had illegally labelled vehicles from Chinese manufacturers including Chery Automobile Co as Italian-made.

EU Commission fines Mondelēz €337.5 million for cross-border trade restrictions

May 24, 2024 The European Commission has fined Mondelēz International, Inc. €337.5 million for hindering the cross-border trade of chocolate, biscuits and coffee products between Member States, in breach of EU competition rules.

HSBC pays penalties for alleged breaches of Consumer Data Right rules

April 5, 2024 HSBC Bank Australia Limited (HSBC) has paid penalties totalling $33,000 after the ACCC issued it with two infringement notices for alleged contraventions of the Consumer Data Right (CDR) rules.

Sanofi to settle thousands of Zantac cancer lawsuits

April 4, 2024 Sanofi has reached a tentative agreement to settle thousands of U.S. lawsuits which link their heartburn pill Zantac to cancer.