Tag: Price Fixing
Russia: LG fined for smartphone price fixing
The Federal Antimonopoly Service (FAS) of Russia has fined LG Electronics RUS, a subsidiary of LG corporation, 2.5 million rubles (US$39,200) for coordinating smartphone...
US: The American Medical Association wants FTC and DOJ to monitor...
With insulin prices spiking, the American Medical Association (AMA) urged the Federal Trade Commission and the Justice Department to monitor insulin pricing and market...
Norway: Post office sues truck makers for cartel activities
The Norwegian postal service sued truck makers involved in an alleged long-running price-fixing cartel, adding a new challenge to companies including Daimler AG, Paccar...
US: SCOTUS overturns 2nd Circuit decision in Vitamin C case
The Supreme Court ruled unanimously on Thursday, June 14, to return to the 2nd Circuit Court of Appeals a case brought in 2005 by...
South Korea/China: Minister urges “fair and reasonable treatment” in China DRAM...
South Korea's industry minister has urged Chinese authorities to conduct a fair antitrust probe into two Korean chipmakers, as regulators are reportedly looking into...
US: Toshiba to pay US$1.3m for CRT price-fixing
Washington state Attorney General Bob Ferguson announced on Wednesday, May 30, that Toshiba Corporation, a multinational conglomerate headquartered in Japan, will pay US$1.3 million...
China enters new era of antitrust regulation
Posted by Social Science Research Network
China enters new era of antitrust regulation
China plans to consolidate its three merger and antitrust agencies into a single...
EU: Regulator may create algorithms to find anticompetitive pricing
To find companies that may be using software to fix prices, EU regulators may create their own algorithms. European Competition Commissioner Margrethe Vestager said...
US: NY judge denies FX traders’ motion to dismiss
On Friday, May 4, Judge Richard M. Berman of the New York Southern District Court signed an Order denying the former FX traders Christopher...
Germany: Potato processors fined for cartel activities
Germany’s Federal Cartel Office has fined two potato and onion packaging companies €13.2 million (US$15.8 million) for participating in an eight-year price fixing cartel....
