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The alleged manipulation of the London Interbank Offered Rate (LIBOR) by large number of banks is currently under investigation by regulators in Europe and the US. Various lawsuits are adding to the evidence of LIBOR rigging that first emerged from a settlement between Barclays Bank and the...
Persistent link: https://www.econbiz.de/10013098964
European competition law is complicated. The line between permitted and prohibited is often not clear when navigating the grey zones of the ban on cartels. To better cope with the legal risk, companies often seek internal or external legal advice. Incorrect advice however raises the question of...
Persistent link: https://www.econbiz.de/10014158924
Cornering cases are well documented in commodities and securities markets. The German and European Legislator is seeking to combat them through strict rules on market manipulation. However, cornering can also violate competition law, in particular the ban on abuse of dominant position. This...
Persistent link: https://www.econbiz.de/10014158925