Quantcast
Last updated on April 19, 2014 at 21:20 EDT

Latest Anti-competitive behaviour Stories

2013-04-18 16:21:12

NEW YORK, April 18, 2013 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC announces that a class action suit was filed in the United States District Court for the Southern District of New York on behalf of purchasers of Autoliv, Inc. ("Autoliv" or the "Company") (NYSE: ALV) common stock between October 26, 2010 and August 1, 2011, inclusive (the "Class Period") The complaint charges Autoliv and certain of its officers and directors with violations of the Securities Exchange Act of...

2013-03-14 20:21:56

NEW YORK, March 14, 2013 /PRNewswire/ -- Susman Godfrey LLP secured a verdict today in an antitrust price-fixing class action brought on behalf of direct purchasers of vitamin C against two Chinese vitamin C manufacturers, Hebei Welcome Pharmaceutical Co. Ltd. and North China Pharmaceutical Group Corp. The jury returned a verdict of $54.1 million that was promptly tripled to $162.3 million, as required under U.S. antitrust law, by Judge Brian Cogan of the Eastern District of New York. "This...

2013-02-25 23:04:40

When it occurs, construction bid rigging can drastically increase an organization's construction costs. The Construction Audit & Cost Control Institute is advising organizations to enhance their awareness and their related action steps aimed at detecting and preventing this illegal activity. Dallas, Texas (PRWEB) February 25, 2013 The Construction Audit and Cost Control Institute is encouraging construction project owners to take proactive measures to detect and prevent bid rigging that...

2013-02-08 12:21:09

WASHINGTON, Feb. 8, 2013 /PRNewswire-USNewswire/ -- The U.S. International Trade Commission determined today that revoking the antidumping order on imports of steam activated carbon from the People's Republic of China would likely lead to continuation or recurrence of injury to the domestic industry. The Commission's vote in support of this determination was unanimous, with all six commissioners ruling to in favor of maintaining the order. As a result of the Commission's determination, in...

2013-01-17 16:24:46

CRESSKILL, N.J., Jan. 17, 2013 /PRNewswire/ -- The Special Master has recommended attorney fees in the largest settlement--$1 billion--ever awarded in a class action suit over price-fixing. In Re: TFT-LCD Antitrust Litigation (07-01827, U.S. District Court, Northern District of California) alleged that from 1996-2006, Asian TFT-LCD panel manufacturers conspired to violate U.S. anti-trust laws, driving up prices and reducing the availability of the products used in televisions, computers, and...

LCD TV Makers Penalized In China For Price-Fixing
2013-01-04 12:44:07

Michael Harper for redOrbit.com — Your Universe Online LCD television manufacturers who have been previously convicted of price-fixing have now met justice in China. LG, Samsung and 4 other Taiwanese companies have been fined a total of $56 million for fixing the prices of their flat-panel TVs.  Part of their penalty involves paying back Chinese television manufacturers who paid too much for their LCDs. This ruling also marks the first time a foreign company has been...

LG, Philips Face EU Fines
2012-11-11 10:48:30

April Flowers for redOrbit.com — Your Universe Online According to unnamed sources, Philips and LG Electronics, along with four other top electronics manufacturers, are facing hefty European Union (EU) fines at the end of the month. Their offense? Price fixing television cathode-ray tubes. The other companies involved are South Korea's Samsung SDI, French group Thomson, which was renamed Technicolor in 2010, and Japanese companies Matsushita, now known as Panasonic Corp, and...

EU Favors Amazon Over Apple in eBook Battle
2012-11-06 18:55:45

Michael Harper for redOrbit.com — Your Universe Online In an exclusive report, Reuters is claiming the antitrust investigation into Apple for their alleged attempts to fix the prices of eBooks in Europe is coming to a close, with Amazon emerging victorious. The European Union regulators are said to be ready to accept a deal from Apple and four publishers that would lessen the price restrictions on Amazon, according to 2 sources who spoke with Reuters. With this decision in place,...

New iPad Could Have AO Optronics Panel: Rumor
2012-09-13 07:15:21

Michael Harper for redOrbit.com — Your Universe Online In March, Taiwanese display maker AU Optronics was convicted by the US Department of Justice on claims of fixing the prices of LCD screens. According to the DOJ´s accusations, executives from AUO and AUOA, the American subsidiary of the Taiwanese company, met every month with other LCD suppliers in what the company referred to as “Crystal Meetings” over a span of 5 years to adjust their prices. On Tuesday, the...

2012-09-05 22:21:21

BRUSSELS, September 6, 2012 /PRNewswire/ -- Milan Nitzschke, President of EU ProSun, the Sustainable Solar Energy Initiative for Europe, said: "The European Commission took a big step today to save Europe's green tech sector and broader manufacturing base. Chinese companies are selling solar products in Europe far below their cost of production, with a dumping margin of 60 % to 80%. This means that Chinese solar companies are making enormous losses, but are not bankrupt because...