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Last updated on April 17, 2014 at 11:13 EDT

Latest Anti-competitive behaviour Stories

2009-07-28 00:40:05

China says the European Union's decision to impose anti-dumping import duties on Chinese steel wire rods will further strain their trade ties. The import duties announced Monday by the 27-nation EU will be up to 24 percent and will last five years, China Daily reported. The report said the decision followed temporary duties announced in February after European producers' complained their business had been hurt by China selling its products at low prices. The anti-dumping investigation by the...

2009-07-13 13:24:00

WASHINGTON, July 13 /PRNewswire-USNewswire/ -- An employee of a Sewell, N.J., sub-contractor that provided temporary electrical services was sentenced today to serve 20 months in jail for his role in a kickback and fraud scheme at an Environmental Protection Agency (EPA)-designated Superfund site in New Jersey, the Department of Justice announced. The sub-contractor was also ordered to pay $154,597 in restitution to the EPA, jointly and severally with his co-conspirators. Christopher...

2009-06-30 15:49:00

WASHINGTON, June 30 /PRNewswire-USNewswire/ -- The chief executive officer of a former Virginia marine products company pleaded guilty and has agreed to pay a $100,000 criminal fine and serve time in jail for his role in a conspiracy to rig bids and allocate customers with respect to marine products purchased by the U.S. Navy, the U.S. Coast Guard, and other public and private entities, the Department of Justice announced today. According to a one-count felony charge filed on May 26, 2009,...

2009-05-19 13:30:00

WASHINGTON, May 19 /PRNewswire-USNewswire/ -- Tod Cohen, Vice President and Deputy General Counsel for Government Relations at eBay Inc., made the following statement today after testifying before the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, at a hearing titled "The Discount Pricing Consumer Protection Act: Do We Need to Restore the Ban on Vertical Price Fixing?": "Retail price-fixing, as allowed for in the Supreme Court's Leegin decision, is...

2009-05-13 06:45:00

BOSTON, May 13 /PRNewswire-USNewswire/ -- Keith N. Hylton, the Honorable Paul J. Liacos Professor of Law at Boston University School of Law, issued the following statement in reaction to the European Commission's ruling on the investigation of Intel's business practices. "The EC decision to impose the largest fine in its history on Intel, largely for its price cutting, sends a worrisome signal to dominant firms in the U.S. Antitrust law in the U.S. has largely abandoned the idea that...

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2009-05-12 11:13:09

Monday's announcement by the administration of President Barack Obama to aggressively pursue antitrust cases could force many US technology firms to reconsider the way they plan to grow their business. The Justice Department on Monday said it was doing away with prior guidelines issued in September 2008 by the administration of President George W. Bush. The Justice Department's antitrust chief Christine Varney said the elimination of previous guidelines represents "a shift in philosophy and...

2009-05-01 15:46:00

WASHINGTON, May 1 /PRNewswire-USNewswire/ -- The owner and president of a Ronkonkoma, N.Y., designing and manufacturing company pleaded guilty to conspiring to allocate a U.S. Navy contract for Navy straps, the Department of Justice announced today. Navy straps are a type of tiedown equipment used by the U.S. Navy to secure munitions and other supplies for transport on ships and airplanes. Thomas J. DeGirolamo pleaded guilty in the U.S. District Court in Islip, N.Y., to one count of...

2009-04-29 12:42:00

Martinair Holland Executive Agrees to Serve Jail Time WASHINGTON, April 29 /PRNewswire-USNewswire/ -- A Dutch citizen and executive of Martinair Holland N.V. (Martinair) has agreed to plead guilty, serve time in jail and pay a criminal fine for participating in a conspiracy to fix cargo rates for international air shipments, the Department of Justice announced today. Including today's charge, a total of 15 airlines and four executives have pleaded guilty or agreed to plead guilty in the...

2009-04-28 14:00:00

WASHINGTON, April 28 /PRNewswire-USNewswire/ -- Tod Cohen, Vice President and Deputy General Counsel for Government Relations at eBay Inc., made the following statement following his appearance before the House Judiciary Subcommittee on Courts and Competition Policy, at a hearing titled "Bye Bye Bargains? Retail Price Fixing, the Leegin Decision, and Its Impact on Consumer Prices": "We at eBay believe that retail price fixing, as allowed in the Leegin decision, is undermining consumer...

2009-04-27 13:22:00

To Date, Four Companies Have Agreed to Plead Guilty and to Pay More Than $616 Million in Fines and Nine Executives Have Been Charged WASHINGTON, April 27 /PRNewswire-USNewswire/ -- A high-level Korean executive from LG Display Co. Ltd. (LG) has agreed to plead guilty and serve a year in jail in the United States for participating in a global conspiracy to fix prices in the sale of Thin Film Transistor-Liquid Crystal Display (TFT-LCD) panels, the U.S. Department of Justice announced today....