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Last updated on April 23, 2014 at 1:22 EDT

Latest Cartel Stories

2013-10-30 12:24:28

Report of the C.D. Howe Institute Competition Policy Council TORONTO, Oct. 30, 2013 /CNW/ - The Supreme Court will rule on Thursday, October 31, in landmark Competition Act decisions, Pro-Sys v. Microsoft, Sun-Rype v. Archer Daniels Midland, and Infineon Technologies AG et autres c. Option Consommateurs et autres. The key question before the Court is, when anticompetitive cartel behaviour is alleged in class action proceedings, should indirect purchasers, such as retailers and end...

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...

Optical Drive Makers Turn To Cartel To Keep Their Business Afloat
2012-07-25 05:47:16

Michael Harper for redOrbit.com — Your Universe Online The European Commission has just sent out 13 Statement of Objection letters to members of an alleged CD and DVD drive cartel. The European Commission has informed these optical drive companies that they may have infringed against some EU antitrust regulations by participating in a cartel with members from all over the world. The European Commission says they have “concerns” that 2 large companies may have organized...

2012-07-22 23:00:11

Gear Cartel, an online marketplace for independent ski and snowboard related manufacturers, has kicked off their start-up campaign this week. Salt Lake City, UT (PRWEB) July 22, 2012 Gear Cartel, an online marketplace for independent ski and snowboard related manufacturers, has kicked off their start-up campaign this week. Gear Cartel is an online start-up company that gives independent ski and snowboard companies a marketplace to create their own online storefront, sell their products at...

2012-06-22 10:24:50

MOUNTAIN VIEW, Calif., June 22, 2012 /PRNewswire/ -- Small business owners in the creative arts world often have to wear many hats in order to run a successful business. They simply don't have time to decipher confusing accounting reports or weed through mounds and mounds of financial data files. These tasks are not only distracting to rising entrepreneurs, but can also shift their focus from where it truly should be: in growing and enhancing their business. In an effort to simplify and...

2011-11-01 05:10:00

WASHINGTON,, Nov. 1, 2011 /PRNewswire-USNewswire/ -- Mexican drug cartels are taking over marijuana farming operations throughout California according to an online video news report released this week by the Full Disclosure Network. The video features former Los Angeles Sheriff's Sgt. Richard Valdemar, a 33 year veteran gang and Mexican Mafia specialist. Valdemar predicts that eventual legalization of marijuana will corrupt California worse than what happened in Chicago in the days...

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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...

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2009-04-11 08:00:00

The warring drug cartels along Mexico's border region have begun spreading their violence from the streets to the internet, as drug bosses post brags, threats and gruesome videos to chat rooms and websites. With modern-looking new videos posted on YouTube and Mexican-based websites, drug cartels seek to intimidate enemies and recruit new members, praising the "virtues" of their leaders amidst upbeat music and images of bullet-riddled bodies, says Scott Stewart, VP of tactical intelligence for...

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2009-03-10 19:30:52

U.S. actor Sean Penn is in talks to headline the action drama Cartel, which will mark the dramatic feature directing debut of Asger Leth, Variety.com said. Penn won an Oscar for his portrayal of gay rights activist Harvey Milk in the best picture contender Milk last month. Leth previously helmed the 2006 documentary Ghosts of Cite Soleil. Inspired by the 1993 Italian film La scorta, Cartel is about a man fighting to protect his son after his wife is brutally slain in the gritty world of...

2008-10-10 06:00:31

By Barbara Hagenbaugh WASHINGTON -- Citing a deteriorating world economy, OPEC on Thursday called a special meeting for next month to consider options. The announcement suggests the cartel will likely cut production in a bid to put a floor under rapidly falling oil prices. But given the weakening economy, which likely will lead consumers and businesses around the globe to further reduce oil consumption, the Organization of Petroleum Exporting Countries will have a hard time reversing...