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Latest competition law Stories

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...

2010-07-01 13:40:00

IRVINE, Calif., July 1 /PRNewswire/ -- Newport Controls, LLC filed an antitrust complaint today against Balboa Water Group, Inc., a Quad-C Management Inc. venture, in the United States District Court for the Central District of California under Sections 1 and 2 of the Sherman Antitrust Act and California law. The complaint alleges Balboa Water Group is an unlawful monopolist and "willfully engages in anticompetitive and exclusionary acts" that stifle innovation and result in higher...

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...

2010-04-26 11:21:00

Proposal Could Result in Improved Competition Between Hospitals WASHINGTON, April 26 /PRNewswire-USNewswire/ -- The Department of Justice announced today that it will not challenge a proposal by the Hospital Value Initiative (HVI) to establish an information exchange program that will provide data on the relative costs and resource efficiency of more than 300 hospitals in California. The department said the proposed information exchange may reduce health care costs by improving competition...

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,...

2010-03-29 10:30:00

Justice Department and European Commission Cooperate Closely to Resolve Competition Issues WASHINGTON, March 29 /PRNewswire-USNewswire/ -- The Department of Justice announced today that it will not challenge Cisco Systems Inc.'s acquisition of Tandberg ASA. The department has concluded that the proposed deal is not likely to be anticompetitive due to the evolving nature of the videoconferencing market and the commitments that Cisco has made to the European Commission (EC) to facilitate...

2010-02-24 14:15:00

WASHINGTON, Feb. 24 /PRNewswire-USNewswire/ -- Consumer Watchdog today called upon the Justice Department to ensure that its ongoing antitrust probe of Google's business practices include an investigation of whether the Internet giant is manipulating its search results to favor its own products. The nonpartisan, nonprofit consumer group sent the letter to Christine Varney, Assistant Attorney General for Antitrust Division, after news that the European Commission's antitrust regulators...

2010-02-24 13:20:00

WASHINGTON, Feb. 24 /PRNewswire-USNewswire/ -- The Department of Justice announced today that it will not challenge a proposal by MyWire Inc. to form the Global News Service, an online subscription news aggregation service. The service would provide interconnections among different publishers' online content, such as news articles and video and audio clips, that relate to the same topic. Based on representations made by MyWire, the department said that the formation and operation of the...

2010-01-19 09:47:00

Nearly 25,000 Ask Department of Justice to Block the Deal WASHINGTON, Jan. 19 /PRNewswire-USNewswire/ -- The members of the TicketDisaster.org coalition today announced that nearly 25,000 consumers have directly contacted the Department of Justice (DOJ), urging the Antitrust Division to listen to their collective voice and block the Ticketmaster-Live Nation merger. "This unprecedented groundswell of consumer outrage should make it loud and clear to the DOJ that consumers nationwide want...

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...


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.
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