The National Development and Reform Commission is pestering and probing 60 foreign drug makers regarding the prices at which they sell their wares in China. Scrutiny of the foreign drug sector in China made headlines in June when ...
Tags: Harsh Medicine, Pharma Firms
Germany's Federal Cartel Office Bundeskartellamt has announced the imposition of further fines amounting to almost €100 million on eight rail companies in a case involving price fixing for train track rails, with Essen-based ...
Tags: Rail Cartel Case, Cartel Office
The infant formula industry is in the spotlight again after the launch of a price-fixing investigation into foreign and domestic milk powder makers and intensified government efforts to consolidate a nationwide hodgepodge of producers. ...
Tags: Dairy Industry, infant formula
Panasonic and its subsidiary Sanyo have agreed to plead guilty to price fixing conspiracies involving laptop battery cells and automotive parts. They will pay a total of $56.5 million in criminal fines, the U.S. Department of Justice said. ...
Tags: Panasonic, Laptop Battery Pack
The Chinese government has launched probes into Swiss packaging company Tetra Pak and New Zealand dairy company Fonterra (FCG.NZE), The Wall Street Journal reported. China's State Administration of Industry and Commerce announced on Friday ...
Tags: Foreign Firms
International infant formula producers in China have announced their plans to lower the prices, a move which comes after the government initiated an investigation into alleged price fixing by foreign firms. Danone said that it will lower ...
Tags: infant formula, baby formula
A second foreign manufacturer of baby formula is planning price cuts amid an investigation by China's top economic planner. Dumex, part of France's Danone group, said Thursday it was preparing a price reduction proposal. On Wednesday, ...
Tags: baby formula, dairy products, milk powder
Wyeth Nutrition, the infant formula company bought by Nestle last year, is cutting prices in China, the first such move since it was one of five foreign infant milk formula companies put under investigation for possible price-fixing. ...
Tags: infant formula, milk powder
Apple appears to face an uphill battle as it goes to trial Monday in New York on e-book price fixing charges brought by the U.S. government. In a courtroom packed to capacity, the company squared off alone against the U.S. Department of ...
Tags: Apple, E-Book Trial
APPLE chief Tim Cook says he sees promise in computers shrunk down and worn like watches or other accessories, but drew the line at internet-linked eye wear such as Google Glass. Google Glass is "not likely to be a mass market item" but ...
Tags: Consumer Electronics, Tim Cook, Iwatch
The National Retail Federation and a broad cross-section of retailers asked a federal judge to reject a proposed settlement of an antitrust lawsuit over credit card swipe fees that drive up prices for consumers by $30 billion a year, ...
Penguin has settled with U.S. states in an e-book price-fixing lawsuit, leaving only Apple now in the fray. Four other publishers accused of price-fixing with Apple settled earlier with the 33 states and territories and the U.S. ...
The National Retail Federation announced that it will formally oppose a proposed settlement of a federal antitrust lawsuit over credit card swipe fees charged by Visa and MasterCard, and urged retailers to carefully consider their own ...
Concerned about Amazon.com's low pricing of e-books, publishers had taken measures as early as 2009 such as "windowing," a practice of delaying e-book releases to benefit sales of hardcover editions, Apple said in a filing in an e-book ...
Tags: e-Book Case, Apple, Computer Products
The South African Competition Commission (SACC) has conducted an investigation into the dealings of six glass suppliers and has charged them with "cartel conduct" and proposed that a penalty be levied against them. The SACC had ...
Tags: Glass Suppliers, glass