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Latest competition law Stories

2009-05-05 09:45:00

MADRID, May 5 /PRNewswire/ -- The Brattle Group, a global economic consulting firm, announced today that it has expanded its international presence with the establishment of a new office in Madrid, Spain. The Madrid office will be led by Dr. David Robinson, a principal of Brattle and an expert in competition, regulation and corporate strategy in energy and other regulated industries. Brattle's expansion into Spain allows the firm to combine economic expertise with insight into local and...

2009-04-30 13:45:07

Market officials in Europe could recommend a record fine against U.S. chipmaker Intel, an expert in EU regulations said. I'd be surprised if the fine isn't as high or higher than in the Microsoft case, said Howard Cartlidge of the London law firm Olswang, The New York Times reported Thursday. Technology markets are where the European Commission has perceived particular problems due to dominant companies, he said. Intel has been accused of paying computer manufacturers to deliberately delay or...

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...

2009-04-20 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...

2009-04-16 13:57:00

Microsoft Agrees to 18-Month Extension, Subject to Court Approval WASHINGTON, April 16 /PRNewswire-USNewswire/ -- The Department of Justice told the U.S. District Court for the District of Columbia today that it is necessary to extend the term of certain portions of the Microsoft final judgment by at least 18 months. The Department said that an extension is necessary to ensure the quality of the technical documentation Microsoft provides to licensees. The Department's Antitrust Division...

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2009-04-11 07:17:20

Antitrust regulators said that Microsoft is illegally influencing retail prices for its Office 2007 programs. The Antitrust regulators are also fining Microsoft Corp.'s German subsidiary $11.8 million. Germany's economic regulatory body, The Bundeskartellamt, said that an undisclosed retailer worked with Microsoft to set the price of Microsoft's Office Home and Student 2007 software packages before the companies jointly launched an ad campaign. "Not every contact between supplier and retailer...

2009-04-09 08:45:00

RADNOR, Pa., April 9 /PRNewswire/ -- The following statement was issued today by the law firm of Barroway Topaz Kessler Meltzer & Check, LLP: Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Southern District of New York on behalf of purchasers of securities of Mechel OAO (NYSE: MTL) ("Mechel" or the "Company") between October 3, 2007 and July 25, 2008 inclusive (the "Class Period"). If you wish to discuss this action or have any...

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...

2009-02-20 13:16:00

WASHINGTON, Feb. 20 /PRNewswire-USNewswire/ -- The Department of Justice issued the following statement today after JBS and National Beef announced the abandonment of the JBS/National Beef transaction, which the Department had filed suit to block in October: "The Antitrust Division welcomes this decision. Had the acquisition gone forward, it would have combined two of the top four U.S. beef packers resulting in lower prices paid to cattle suppliers and higher beef prices for consumers. The...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.