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ARTICLE · 27 JANUARY 2026

Cartel Intel – Updates From Our Global Network

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

Herbert Smith Freehills Kramer LLP

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Welcome to the 16th edition of Cartel Intel! This bulletin provides a comprehensive overview of recent cartel enforcement and competition law developments across key jurisdictions.

GlobalAntitrust/Competition Law

Welcome to the 16th edition of Cartel Intel!

Welcome to the 16th edition of Cartel Intel! This bulletin provides a comprehensive overview of recent cartel enforcement and competition law developments across key jurisdictions. Together, these developments reflect an enforcement landscape that remains highly active, increasingly nuanced, and procedurally demanding for companies and competition authorities alike. In particular, we discuss a landmark German Court decision significantly reducing fines imposed by the German Federal Cartel Office in an aluminium forging case, underscoring the importance–and potential rewards–of judicial appeals. We also report on the Spanish National Court's annulment of major fines in the tobacco sector, reinforcing strict evidentiary standards for the Spanish Competition Authority to prove anticompetitive effects in information-exchange cases. Italy features prominently with substantial sanctions imposed by the Italian Competition

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