Tag: cartel

EU Competition Commissioner Warns of More Anti-Cartel Raids, Criticises ‘No-Poach’ Deals

BRUSSELS—EU enforcers are planning a series of raids against companies suspected of illegal price-fixing, Europe’s antitrust chief warned on Friday, as she also sounded the alarm about competition in labor markets due to “no-poach” deals. The European Commission last week raided Europe’s largest pulp producers Stora Enso and UPM, and Metsa Board unit Metsa Fibre,…


Mexico Sues US-Based Gun Manufacturers Over Cartel Violence

The country of Mexico is suing U.S.-based gun manufacturers, alleging the companies are actively facilitating gun trafficking to cartels south of the border. In a 139-page complaint filed in federal court in Massachusetts, lawyers for the plaintiff said 70 to 90 percent of guns recovered at crime scenes in Mexico were trafficked from the United…


EU Fines Volkswagen, BMW $1 Billion for Emissions Cartel

BRUSSELS—The European Commission fined German carmakers Volkswagen and BMW a total of 875 million euros ($1 billion) on Thursday for colluding to curb the use of emissions cleaning technology they had developed. The case, separate to the so-called ‘Dieselgate’ scandal over software designed to cheat on vehicle emissions tests, sets a precedent by extending the…


Mexico’s Fastest-Rising Cartel Trying to Establish Foothold in US: Feds

A notorious Mexican drug cartel is attempting to gain a foothold in the Seattle area and the Pacific Northwest, according to federal drug investigators. Mexican criminal group the Jalisco New Generation Cartel (Cartel Jalisco Nueva Generación, or CJNG), has been on the U.S. Drug Enforcement Administration’s (DEA) radar in recent years, and now, officials from…


DHS Says Mexico’s Fastest-Rising Cartel Seeks Foothold in US Northwest

A notorious Mexican drug cartel is attempting to gain a foothold in the Seattle area and the Pacific Northwest, according to U.S. investigators. A Mexican criminal group called the Jalisco New Generation Cartel (Cartel Jalisco Nueva Generación, or CJNG), has been on the U.S. Drug Enforcement Administration’s (DEA) radar in recent years, and now, officials…