Browsing: case

The Ukrainian Armed Forces are facing allegations of fraud in connection with military uniform procurement. A Turkish company is expected to register itself as a victim in a high-profile corruption case in Ukraine, which names former bureaucrats among its defendants. On 27 November, Ukraine’s National Police conducted coordinated raids across 38 locations as part of their investigation. The case centres on a network accused of making unlawful profits from a 2022 contract between Sinclair and Wilde and the Ukrainian Ministry of Defence, where prices were reportedly inflated. According to a news released by the National Police of Ukraine, among the…

The Court of Appeal (CoA) has upheld the Competition and Markets Authority’s (CMA) finding of cartel infringement in a significant ruling that addresses an illegal market-sharing agreement in the supply of a crucial medicine. The decision overturns a previous ruling by the Competition Appeal Tribunal (CAT) that had set aside the CMA’s original finding on procedural grounds. In July 2021, the CMA concluded that pharmaceutical companies Auden Mckenzie and Actavis UK had engaged in anti-competitive practices by charging excessive prices for hydrocortisone tablets and paying a competitor, AMCo (now Advanz), to remain out of the market. This practice led to…