Tag: Price Fixing
Norway: Regulator keeps eye on EU salmon price-fixing probe
Norway’s competition authority declined to comment on whether it would launch an investigation into allegations of price fixing by the country’s salmon farming sector,...
South Korea: KFTC fines foreign banks for price fixing in FX
On Sunday, Korea’s antitrust body said it will fine four foreign banks 693 million won ($615,500) for price fixing on foreign exchange derivative products.
The...
US: Generics “cartel” probe expands to 300 drugs
Years into a government probe over alleged generic drug price fixing, investigators have expanded the scope to include 300 drugs and 16 companies, an...
US: Two freight executives plead guilty to fixing prices
Roberto Dip and Jason Handal pleaded guilty on Friday, November 30, in Miami, Florida, for their roles in orchestrating a nationwide conspiracy to fix...
US: Plea date for StarKist tuna price fixing case set
StarKist will appear Wednesday, November 14, at the federal court in San Francisco for an arraignment and plea hearing for its role in a...
US: Japanese capacitor manufacturer settles criminal antitrust case
Nippon Chemi-Con was recently sentenced, by the US Department of Justice, to pay US$60 million criminal fine for conspiracy to fix prices for electrolytic...
India: Regulator probing airfare price fixing
The Competition Commission of India (CCI) is looking at algorithms used by airlines to determine fares as part of a detailed probe into alleged...
US: StarKist guilty of price-fixing
StarKist—a subsidiary of South Korea’s Dongwon Group—has agreed to plead guilty to a charge of price-fixing, the Justice Department announced on Thursday, October 18.
The...
India: Brewers raided in price-fixing probe
India’s antitrust watchdog raided the offices of three of the country’s top beer companies on Thursday, October 11, as part of an investigation of...
Israel: Dairy giant hit with largest price fixing fine
According to the Times of Israel, Tnuva was hit with an NIS 25 million (US$6.9 million) fine after it admitted to illegal price fixing,...