Antitrust Antitrust

Shell loses hub-and-spoke cartel appeal at China's Supreme Court

By MLex Staff
  • 02 Feb 2024 04:55
  • 02 Feb 2024 04:55
Oil and gas giant Shell has seen China’s Supreme People’s court overturn a lower court ruling that deemed the company's facilitating practices in horizontal arrangements “not anticompetitive.” The top court determined the British-Dutch energy major had violated antitrust laws and ordered the company to immediately stop arranging for its industrial-lubricants distributors to

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