Tag "Cartel"
Antitrust fines in the EU signal progress on emissions standards
On the 8th of July 2021 the European Commission announced that it had imposed a €875 million fine on a group of German car manufacturers for conspiring to limit the development of clean emissions technology. This is the 7th largest fine ever imposed by the body and demonstrates the EU’s hard-line response to the car industry’s flagrant disregard of international environmental law. Daimler’s decision to alert the Commission to the cartel in order to avoid fines under the 2006 Leniency Notice suggests that new regulatory frameworks are effectively discouraging cartels.
Will Colombia be able to capitalize on FARC peace deal to boost growth?
Colombia finds itself at a critical impasse where certain decisions in the next six months could push it toward an economic boom or serious destabilization.
The price war continues, but oil might rise soon
While OPEC decided to continue the price war at its December meeting, the downturn in oil prices might end in 2016, due to rebalancing in global supply and demand. OPEC’s
