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A consultancy firm has been found liable and fined €348 000 under EU competition law for facilitating a cartel, although it was not a member of that cartel, and it did not operate in the heat stabiliser market in which the cartel operated. AC‑Treuhand, a consultancy based in Zurich, offers a range of services including business management and administration, the collection, processing and assessment of market data, presentation of market statistics, and the audit of reported…
The Competition Tribunal in RCS Cards (Pty) Limited v The Consumer Finance Business of the JD Group Limited has affirmed that a restraint of trade clause contained in a sale of business agreement will not necessarily be considered anti-competitive. However, the restraint has to be justifiable in the circumstances and concluded for a reasonable period of time. The case involved a sale of business agreement entered into by RCS Cards and the JD Group Limited…