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ARTICLE · 06 JUNE 2019

Focus Antitrust - 22 May 2019

European Commission fines Barclays, RBS, Citigroup, JPMorgan and MUFG €1.07 billion for participating in foreign exchange spot trading cartels

European UnionAntitrust/Competition Law
Paul Stone
Paul Stone

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.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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