Latest Anti-competitive behaviour Stories

2010-05-20 06:45:00

Samsung, Infineon and Toshiba are at the top of the list of the world's biggest memory chip makers being fined a total of 403 million US dollars by the European Commission on Wednesday for operating an illegal union, or cartel. In all, ten companies were included in the fine. However, South Korea's Samsung Electronics, the world's top memory chip producer, received a staggering fine totaling nearly 180 million US dollars, for its part in the cartel which shared confidential info and...

2010-05-11 09:27:00

WASHINGTON, May 11 /PRNewswire-USNewswire/ -- The U.S. Department of Commerce ("DOC") informed the interested parties yesterday of the preliminary antidumping margins calculated in connection with the second annual administrative review of the antidumping duty order on steam activated carbon from the People's Republic of China. Activated carbon is used in drinking water, wastewater, odor control, and pollution abatement systems. The specific margins preliminarily calculated by the DOC...

2010-04-06 15:22:00

WASHINGTON, April 6 /PRNewswire-USNewswire/ -- A New York City federal grand jury returned an indictment against a former Mount Sinai Medical Center and School of Medicine purchasing official today for participating in bid-rigging and fraud conspiracies related to contracts for work performed at Mount Sinai, the Department of Justice announced. The three-count indictment returned today in U.S. District Court in New York City, charges Mario Perciavalle, a former purchasing official at...

2010-03-30 18:23:00

Global Price-Fixing Scheme Involves Tubes Used in Computer Monitors WASHINGTON, March 30 /PRNewswire-USNewswire/ -- A federal grand jury in San Francisco today returned an indictment against a former executive of a large Taiwan-based color display tube (CDT) manufacturing company for his participation in a global conspiracy to fix prices of CDTs, a type of cathode ray tube used in computer monitors and other specialized applications, the Department of Justice announced. The indictment,...

2010-01-12 15:22:00

WASHINGTON, Jan. 12 /PRNewswire-USNewswire/ -- A New York Presbyterian Hospital (NYPH) purchasing official pleaded guilty today to conspiring to rig bids on re-insulation services contracts, the Department of Justice announced today. Freddy Deoliveira, who held various supervisory positions at the NYPH, pleaded guilty in U.S. District Court in Manhattan. According to the charge, between approximately October 2000 and March 2005, Deoliveira conspired with others to create the appearance...

2009-12-09 16:15:00

Fines Obtained In LCD Investigation Total More Than $860 Million WASHINGTON, Dec. 9 /PRNewswire-USNewswire/ -- A Thin-Film Transistor-Liquid Crystal Display (TFT-LCD) producer and seller has agreed to plead guilty and pay $220 million in criminal fines for its role in a conspiracy to fix prices in the sale of liquid crystal display panels, the Department of Justice announced today. According to a one-count felony charge filed today in U.S. District Court in San Francisco, Chi Mei...

2009-11-05 14:34:00

WASHINGTON, Nov. 5 /PRNewswire-USNewswire/ --The U.S. Department of Commerce ("DOC") has informed the interested parties of the antidumping duty margins it calculated in the first annual administrative review of the antidumping duty order on steam activated carbon from the People's Republic of China. The specific margins calculated by the DOC are as follows: Calgon Carbon (Tianjin) Co., Ltd. - 14.58 percent Jacobi Carbons AB - 18.22 percent (includes: Tianjin Jacobi International Trading...

2009-09-22 10:00:25

Britain's Office of Fair Trading has fined 103 construction companies $211 million after a four-year investigation of anti-competitive contract bidding. Officials said the companies were involved in illegal anti-competitive bid-rigging activities, between 2000 and 2006, including submitting inflated bids for public sector contracts, a practice called cover-pricing. The high bids are not submitted to win a contract, but to raise the perception among clients that other high prices are...

2009-09-08 13:00:00

SAN FRANCISCO, Sept. 8 /PRNewswire-USNewswire/ -- The Open Book Alliance today filed a brief with the United States District Court for the Southern District of New York countering the proposed settlement between Google, the Association of American Publishers (AAP), and the Authors' Guild. The brief was written by noted antitrust attorney Gary Reback, who is co-founder of the Open Book Alliance. The brief said: "Google and the plaintiff publishers secretly negotiated for 29 months to...

2009-09-01 23:54:46

China, claiming its entities are unfairly targeted with anti-dumping measures, asked the European Union for greater cooperation in promoting mutual trade. We saw re-emergence of anti-dumping cases against China recently. An increasing number of Chinese enterprises received unfair treatment. We are very concerned about this, Song Zhe, Chinese ambassador to the EU, told the just established International Trade Committee of the European Parliament in Brussels, China's state-run Xinhua news...

Word of the Day
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'