Focus Antitrust - 22 May 2019
In The News
European Commission fines Barclays, RBS, Citigroup, JPMorgan and MUFG €1.07 billion for participating in foreign exchange spot trading cartels
The European Commission has fined five banks for taking part in two cartels in the spot foreign exchange market for 11 currencies - Euro, Sterling, Japanese Yen, Swiss Franc, US, Canadian, New Zealand and Australian Dollars, and Danish, Swedish and Norwegian crowns. Click here.
UK
Courts
- The Competition Appeal Tribunal has granted permission to the CMA to appeal against the Tribunal’s ruling on costs in the Pfizer/Flynn case. Click here.
For more information please contact Paul Stone on +44 (0)20 7203 5110 or at paul.stone@crsblaw.com.