Industry: Transport
DOJ watchdog finds no wrongdoing from Delrahim-era probe
The Department of Justice’s inspector general has found no evidence that improper political influence motivated a Trump-era probe into whether four automakers coordinated to produce greener vehicles.
23 July 2024
Truckmaker fights certification of UK mass damages claim
DAF has urged the UK’s Competition Appeal Tribunal to reject a trucks-cartel mass damages claim due to several faults in the funding agreement, but indicated it is willing to settle if the suit does progress.
18 July 2024
Mass claimant blocked from using first-ever class action settlement to pay funders
The class representative in a shipping class action may not use a settlement agreed with one defendant towards costs in ongoing litigation, the Competition Appeal Tribunal has ruled – but has left open a possibility for future cases.
15 July 2024
Lufthansa/ITA remedies are strongest yet, Guersent says
Olivier Guersent has said that the remedies secured in Lufthansa/ITA are amongst the toughest imposed on an airline deal, denying that the European Commission has applied double standards to transactions in the sector.
09 July 2024
Hyundai sued over alleged price discrimination scheme
Several Midwestern car dealers have accused Hyundai of running a secret conspiracy to artificially inflate sales figures and reward participating dealers.
09 July 2024
Lufthansa/ITA conditional clearance criticised over limited detail, long-haul route impact
The European Commission’s conditional clearance of Lufthansa/ITA is facing criticism from consumer groups, who fear the lack of detail on remedies could leave passengers worse off.
03 July 2024
Germany blocks defence deal over national security concerns
The German government has blocked a Chinese state-owned company’s attempted purchase of a domestic jet engine turbine manufacturer.
03 July 2024
Sullivan & Cromwell and Skadden lead on Boeing/Spirit AeroSystems
Sullivan & Cromwell is guiding Boeing on its proposed $4.7 billion repurchase of Skadden Arps Slate Meagher & Flom-led Spirit AeroSystems, in a deal the US aircraft maker says will improve quality amid a recent flurry of safety concerns.
01 July 2024
Autoliv and Stellantis lock horns before UK trial over DOJ disclosure
Stellantis has urged the UK’s Competition Appeal Tribunal to order car safety equipment manufacturer Autoliv to hand over more than 20,000 documents used by the US Department of Justice in its car part cartel investigation.
01 July 2024
Airline says rival used covid-19 relief to monopolise market
Star Marianas Air has accused a defunct competitor of using government aid to price flights below costs to monopolise travel between the Northern Mariana Islands.
26 June 2024