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Antitrust Chronicle® – Buyer Cartels

BY | June 29, 2021

Dear Readers, The cardinal sin under antitrust rules is a conspiracy to fix prices. Competition legislation throughout the world therefore universally sets out, as its first prohibition, a rule forbidding…

Dear Readers,

The cardinal sin under antitrust rules is a conspiracy to fix prices. Competition legislation throughout the world therefore universally sets out, as its first prohibition, a rule forbidding any agreement to fix (or otherwise coordinate) price levels. This is evidenced by Section 1 of the U.S. Sherman Act, Article 101 TFEU, and the opening salvos of countless pieces of national legislation worldwide.

This archetypal prohibition typically applies to suppliers conspiring to extract h

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