Tag: Price Fixing
China: NDRC issues price-fixing fines to PVC companies
China's National Development and Reform Commission (NDRC) has issued fines to 6 polyvinyl chloride (PVC) manufacturers for price-fixing the PVC market. The companies involved...
EU: Court upholds LG’s US$647 million antitrust fine
The European Court of Justice upheld the antitrust fine issued to LG Electronics in 2012, mandating the South Korean tech giant to pay €540...
South Africa: Norwegian shippers deny price-fixing
Norwegian shipping firm Hoegh Autoliners denied allegations made by the South African Competition Commission that Hoegh and Japanese rival Mitsui O.S.K Lines (MOL) had...
South Africa: Norwegian shipping company referred to tribunal for prosecution
A Norwegian car shipping company has been referred to the South African Competition Tribunal for prosecution on seven charges relating to collusive tendering, price...
Switzerland: Regulator begins proceedings against Booking.com
A Swiss government agency says it has opened an investigation into possible “abusive pricing” by the online reservations provider Booking.com.
Under Swiss law, the price...
US: Tyson Foods says inquiry into price-fixing claims is closed
Tyson Foods says a federal investigation into allegations of price-fixing has ended and that it likely won’t face disciplinary action.
Arkansas Business reported on Friday...
US: Feds charge promo company & its top exec for price...
Federal authorities are intensifying a crackdown on price fixing in the online promotional products market, a fact evidenced by another bust of an admitted...
US: Ready Mix companies file collusion suit
Two Georgia-based ready mix concrete companies filed an antitrust lawsuit Monday, July 24 alleging collusion among cement companies and other ready mix companies in...
South Korea: KFTC fines shippers for collusion
South Korea's antitrust watchdog said Monday that it has imposed a combined ₩43 billion (US$37.8 million) in fines on nine global auto shipping companies...
US: Zaappaaz exec pleads guilty, faces 10 years, US$1m fine
As predicted by Bloomberg earlier this week, Azim Makanojiva, president of e-commerce firm Zaappaaz, pleaded guilty to a one-count criminal violation of the Sherman...
