Thai Union Frozen Products (TUF) is considering divesting its stake in American tuna brand Chicken of the Sea, a move that could clear the way for its planned $1.5bn acquisition of Bumble Bee Foods. TUF CEO Thiraphong Chansiri was quoted ...
Tags: Frozen Products, Chicken
The US Department of Justice announced that Continental Automotive Electronics and Continental Automotive Korea have agreed agreed to plead guilty for bid rigging of vehicle equipment sold to vehicle makers in the country. The companies ...
Tags: bid rigging, plead guilty, Auto
Australia and China to increase co-operation on mergers regulation The Australian Competition and Consumer Commission (ACCC) and the Ministry of Commerce of the People's Republic of China (MOFCOM) have signed a memorandum of understanding ...
Tags: Agriculture, Food, Business
According to local media, Mexican authorities raided 11 iron ore yards at the Port of Lazaro Cardenas—one of the country’s largest seaports—after revelations that drug cartels had been exporting ore to China. Over ...
They said the party was over, but Australia's giant resources sector is surging into a two-horse race between iron ore and coal, with the latest numbers revealing that there is still fire in the belly of the boom, thanks mainly to sustained ...
Tags: coal industry, Mineral
Quackity quack, the quacks are back, and this time they're targeting fish oil supplements, claiming that taking fish oils raises your risk of prostate cancer. Hogwash. This is just another case of pure fearmongering quackery by the ...
In the three years following a cartel breakdown, the number of mergers is significantly higher than in the three years preceding the collapse. A recent study conducted by the Centre for European Economic Research (ZEW) in Mannheim has ...
Tags: cartel breakdown
Apple is under investigation by the French competition authority, which has raided the company's offices in France, and those of several distributors, a spokesman for the authority said Monday The spokesman declined to say which ...
Tags: Apple, Computer Products, software
Seven international electronics manufacturers were fined a total of $1.92 billion by the European Commission on Wednesday for conspiring to fix the price of cathode-ray tubes (CRTs) in two separate cartels between 1996 and 2006. European ...
Tags: EU, price, CRTs, separate cartels
The companies make and distribute polystyrene(PS)foam trays and polypropylene(PP)rigid trays.These products are widely used for packaging food–such as fish,meat or cheese–in the retail sector. The EC said that these firms ...
Tags: EC, PS foam trays, PP rigid trays, EU antitrust rules