Quantcast

Latest Anti-competitive behaviour Stories

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....

2009-04-27 14:40:27

A senior LG Display Co. executive from South Korea has agreed to plead guilty in a global conspiracy to fix prices for LCD panels, U.S. authorities said Monday. As part of his agreement to plead to one felony count in U.S. District court in San Francisco, Bock Kwon will serve a year in jail in the United States. Federal prosecutors said Kwon, who at one time was president of LG's Taiwan subsidiary, conspired with employees from other makers of thin film transistor-liquid crystal display...

2009-04-20 16:03:00

Virginia Harbor Services Inc. of Clearbrook, Va. and Trelleborg Industrie S.A.S. of France Agree to Plead Guilty WASHINGTON, April 20 /PRNewswire-USNewswire/ -- Two subsidiaries of the Swedish company Trelleborg AB, one based in Virginia and the other in France, have agreed to plead guilty and pay a total of $11 million in criminal fines for their participation in separate conspiracies affecting the sales of marine products sold in the United States and elsewhere, the Department of Justice...

2009-04-09 11:02:00

Cargolux Airlines International S.A., Nippon Cargo Airlines Co. Ltd. and Asiana Airlines Inc. Agree to Pay a Total of $214 Million in Criminal Fines WASHINGTON, April 9 /PRNewswire-USNewswire/ -- Three international airline companies -- Luxembourg-based Cargolux Airlines International S.A., Japan-based Nippon Cargo Airlines Co. Ltd. (NCA), and Korea-based Asiana Airlines Inc. -- have each agreed to plead guilty and pay criminal fines totaling $214 million for conspiring to fix prices in the...

f686a9e3440046fd1461796fb5a23bed1
2009-03-10 16:25:00

The U.S. Justice Department said Tuesday that Japan-based Hitachi Displays Ltd., a subsidiary of Hitachi Ltd., has agreed to pay $31 million for its role in conspiring to fix prices of LCD panels sold to U.S. computer maker Dell Inc. With the Hitachi plea, which is subject to court approval, the U.S. government will have now collected more than $600 million in criminal fines originating from the LCD price-fixing. "Hitachi joins three other multinational companies who have admitted to their...

2009-03-10 12:17:00

Hitachi to Plead Guilty to Fixing Prices for LCD Panels Sold to Dell Inc. WASHINGTON, March 10 /PRNewswire-USNewswire/ -- Japanese electronics manufacturer Hitachi Displays Ltd., agreed to plead guilty and pay a $31 million fine for its role in a conspiracy to fix prices in the sale of Thin Film Transistor-Liquid Crystal Display panels (TFT-LCD) sold to Dell Inc., the U.S. Department of Justice announced today. A one-count felony charge filed today in U.S. District Court in San...

2009-02-03 19:06:00

Two Executives from Taiwan and One Korean Executive Charged in Global Price-Fixing Scheme WASHINGTON, Feb. 3 /PRNewswire-USNewswire/ -- A federal grand jury in San Francisco returned an indictment against two former executives from Chunghwa Picture Tubes Ltd. (Chunghwa) and one former executive from LG Display Co. Ltd. (LG) for their participation in a global conspiracy to fix prices of Thin Film Transistor-Liquid Crystal Display (TFT-LCD) panels, the U.S. Department of Justice announced...

2009-01-28 15:24:19

The Chinese Ministry of Commerce said it may appeal a European Union decision to take anti-dumping measures against Chinese fasteners. The ruling against Chinese products lacked justness and transparency, said Yao Jian, a spokesman for the Ministry, the state-run Xinhua news agency reported Wednesday. China will study and assess the verdict and retain the right to appeal to the World Trade Organization. Europe's manufacturing industries are a major market for Chinese fasteners such as nuts,...

2009-01-22 11:23:00

Companies Agree to Pay More Than $124 Million in Criminal Fines WASHINGTON, Jan. 22 /PRNewswire-USNewswire/ -- Three air cargo carriers, LAN Cargo S.A. (LAN Cargo), Aerolinhas Brasileiras S.A. (ABSA), and EL AL Israel Airlines Ltd. (EL AL), have each agreed to plead guilty and pay criminal fines totaling $124.7 million for their roles in a conspiracy to fix prices in the air cargo industry, the Department of Justice announced today. Under the plea agreements, LAN Cargo, a Chilean company,...


Word of the Day
baudekin
  • A rich embroidered or brocaded silk fabric woven originally with a warp of gold thread.
'Baudekin' seems to be an alternative form of 'baldachin,' from the Italian 'Baldacco,' Baghdad, the city where the material was made.
Related