Latest Price fixing Stories
Japan electronics company Toshiba has just been ordered to pay $87 million in damages, thanks to a northern California judge and an alleged price-fixing scheme.
Apple had some tough words for the Department of Justice (DOJ) on Thursday as they accused them of siding “with monopoly, rather than competition” when they sued Apple and 6 publishers for allegedly price-fixing their e-books.
A New York-based District Court judge has denied a request by Apple and five major publishers to throw out a case which charges them of colluding to inflate electronic book prices in 2010.
Apple and a pair of publishers, Pearson and Macmillan, are apparently reluctant to agree to the terms American and European antitrust authorities are pursuing as part of an e-book price-fixing investigation.
Taiwanese LCD maker AU Optronics Corp has announced that it will appeal the guilty verdict handed down by a U.S. court in a multi-billion dollar price-fixing suit over liquid crystal display panels.
The U.S. Justice Department has reportedly accused Apple and five large American publishers of colluding to raise the price of e-books.
On Friday, the US Justice Department fined Korean-based Samsung SDI a total of $32 million for its involvement in an Asian price fixing ring for a key computer monitor component.
- To befool; deceive; balk; jilt.
- An illusion; a trick; a cheat.