Latest U.S. Justice Department Stories

2008-12-10 08:20:00

LG Display Co Ltd and Sharp Corp on Tuesday agreed to plead guilty to charges of price fixing in the market of thin-film transistor liquid crystal displays, according to the U.S. Justice Department. LG Display will pay $400 million in fines "“ the second-largest criminal fine ever imposed by the department, behind a $500 million fine on F.Hoffmann-La Roche, a Swiss pharmaceutical giant. Meanwhile, Sharp agreed to pay $120 million, the Justice Department said. The companies will be...

2008-11-05 13:15:00

Google announced Wednesday it has abandoned plans for a future search advertising partnership with Yahoo over objections from antitrust regulators and advertisers. Google's decision comes as another challenging setback for the struggling Yahoo. Yahoo had been counting on the Google deal to boost its annual revenue by $800 million and placate shareholders still incensed by management's decision to reject a $47.5 billion takeover bid from Microsoft Corp. six months ago. Google withdrew from the...

2008-10-14 21:00:13

The U.S. Justice Department is suing the state of Vermont, claiming it violated the Uniformed Overseas Citizens Absentee Voting Act, officials said Tuesday. In legal papers, the Justice Department claims Vermont Secretary of State Deborah Markowitz, who is also named as a defendant, has failed to collect and report the number of military voters and citizens living abroad who are sent ballots and return them. The lawsuit alleges the state has failed in its obligations since the Help America...

2008-10-14 12:52:17

Internet search firms Google and Yahoo are working to ward off antitrust challenges to their proposed advertising partnership, and have entered discussions with the U.S. Justice Department, according to a Wall Street Journal report. The report, citing lawyers close to the matter, said negotiations are in a preliminary stage and it is not yet clear whether objections by the federal government will be resolved in a manner acceptable to all sides. Advertisers have raised concerns about the deal,...

2008-09-11 09:05:00

By Miguel Helft and Stephanie Clifford Is the U.S. Justice Department preparing to challenge a high- profile advertising partnership between Google and Yahoo? That was the question being debated from Washington to Silicon Valley this week after the Justice Department, which has been reviewing the partnership for several weeks, hired Sanford Litvack, a veteran antitrust lawyer, to help assess the evidence gathered by its lawyers. The hiring of an outside lawyer like Litvack is rare and...

2008-08-06 13:45:00

The U.S. Justice Department announced Tuesday that authorities have charged eleven people in connection with the theft and sale of more than 41 million credit and debit card numbers. The case is believed to be the largest incidence of identity theft in history. Three of those charged are U.S. citizens, including a U.S. Secret Service informant, while the others are from China, Ukraine, Estonia and Belarus. The data breaches involved nine major retailers, including OfficeMax, TJX Cos., Barnes...

2008-07-23 18:00:41

To: NATIONAL EDITORS Contact: Alison Omans, AFL-CIO, +1-202-637-5018; or Gary Hubbard, USW, (o) +1-202-778-4384, (c) +1-202-256-8125 WASHINGTON, July 23 /PRNewswire-USNewswire/ -- There are two competing business plans to bring copper company ASARCO out of bankruptcy, but only one of them serves the interests of the companys many employees and their families. (http://www.newscom.com/cgi-bin/prnh/20080131/DC12982LOGO) The decision is now in the hands of the U.S. Justice Department and...

2008-07-04 06:00:36

By Steve Lohr The U.S. Justice Department's antitrust division has begun issuing civil subpoenas as it furthers an investigation into whether a planned Google-Yahoo partnership in search advertising is anticompetitive, a person close to a company that received a subpoena has confirmed. The subpoenas are being issued not only to Google and Yahoo, but also to Microsoft, an Internet search rival, and other companies including advertisers and media companies, said the person, who asked not...

2008-07-02 18:50:00

The U.S. Justice Department is set to launch a formal antitrust investigation into a deal struck between Yahoo and Google over search advertising. The Washington Post reported on Wednesday that investigators are planning to demand documents not only from Google and Yahoo, but also from other large companies in the Internet and media industries. Google and Yahoo together claim nearly 80% of the web search market and agreed to give antitrust authorities 100 days to look at the deal before...

2008-06-18 21:00:03

A Chinese national living in California was sentenced Wednesday to 24 months in prison for committing economic espionage, the U.S. Justice Department said. The sentence imposed on Ziaodong Sheldon Meng is the first handed down for violating the Economic Espionage Act, the department said in a news release. Meng was convicted of misappropriating a trade secret from his former employer, Quantum3D, with the intent of benefiting the China Navy Research Center in Beijing, the department said....

Word of the Day
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.