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Latest Anti-competitive behaviour Stories

2011-07-14 11:00:00

WASHINGTON, July 14, 2011 /PRNewswire/ -- Three domestic producers of liquid dielectric large power transformers ("LPTs") today filed an antidumping duty petition with the United States Department of Commerce ("Commerce Department") and the United States International Trade Commission ("USITC") charging that unfairly traded imports of LPTs with a top rating of 60 MVA or more from Korea are causing material injury to the domestic industry. The petitioners allege dumping margins ranging from...

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2011-03-19 06:25:00

On Friday, the U.S. Justice Department fined Korean-based Samsung SDI a total of $32 million for its involvement in an Asian price fixing ring for a key computer monitor component. The AFP news agency reports that Samsung SDI agreed to plead guilty to one felony charge in the case, which involved a pact to cut production, fix prices and divvy up market share for color display tubes (CDTs). "Samsung SDI and co-conspirators exchanged CDT sales, production, market share and pricing information...

2011-02-28 10:01:00

JOHANNESBURG, Feb. 28, 2011 /PRNewswire/ -- The Competition Tribunal ("the Tribunal") today announced that, in terms of a consent order granted on 24 February 2011, it has confirmed the settlement agreement ("the Settlement Agreement") reached between the Competition Commission ("the Commission") and Sasol Polymers, a division of Sasol Chemical Industries Limited. The Settlement Agreement related to Sasol Polymers' existing propylene supply contract with Safripol ("the Supply Agreement")....

2010-09-29 11:03:00

New report, website document costly collusion between greens, unions, corporations WASHINGTON, Sept. 29 /PRNewswire-USNewswire/ -- In a public advocacy shot to be heard literally around the world, the Consumers Alliance for Global Prosperity (CAGP) today released a new report, "Empires of Collusion" and launched the website PulpWars.com. This initiative will fight back against anti-trade, anti-prosperity collusion among international Green NGOs, American trade union bosses, and...

2010-08-05 09:34:00

WASHINGTON, Aug. 5 /PRNewswire/ -- Members of the Coalition for Enforcement of Antidumping and Countervailing Duty Orders, including the U.S. wire garment hangers industry, have been working closely with U.S. Customs and Border Protection (CBP) and U.S. Immigration and Customs Enforcement (ICE) to identify instances of illegal evasion of U.S. trade laws. Today, the Coalition is able to announce that an importer of steel wire garment hangers has been arrested and charged with fraud,...

2010-07-28 12:47:00

WASHINGTON, July 28 /PRNewswire-USNewswire/ -- A former executive from Chi Mei Optoelectronics Corporation (Chi Mei) has agreed to plead guilty and to serve jail in the United States for participating in a global conspiracy to fix the price of thin-film transistor-liquid crystal display (TFT-LCD) panels, the Department of Justice announced today. According to a one-count felony charge filed in U.S. District Court in San Francisco, Wen-Hung "Amigo" Huang conspired with others to suppress...

2010-06-29 13:55:00

Fines Obtained in LCD Investigation Total More Than $890 Million WASHINGTON, June 29 /PRNewswire-USNewswire/ -- A Taiwan thin-film transistor-liquid crystal display (TFT-LCD) panel producer and seller has agreed to plead guilty and to pay a $30 million criminal fine for its role in a global conspiracy to fix the prices of TFT-LCD panels, the Department of Justice announced today. According to a one-count felony charge filed today in U.S. District Court in San Francisco, HannStar Display...

2010-06-10 13:46:00

Fines in LCD Investigation Total More Than $860 Million WASHINGTON, June 10 /PRNewswire-USNewswire/ -- A federal grand jury in San Francisco returned a superseding indictment against the largest Taiwanese thin-film transistor-liquid crystal display panels (TFT-LCD) producer and seller, its Houston-based American subsidiary, and six of its executives for participating in a conspiracy to fix prices of TFT-LCD panels, the Department of Justice announced today. The indictment, returned last...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.