NEWARK (CN) – Hitachi, Panasonic, Sanyo and a host of other electronics manufacturers conspired to fix prices of capacitors, a Silicon Valley company claims in a federal antitrust class action. eIQ Energy, of San Jose, named 27 ...
Tags: Price Fixing, Electrical, Electronics
Law360, New York (July 21, 2014, 2:52 PM ET) — Panasonic Corp. along with units of Hitachi Ltd. and Samsung Electronics Co. Ltd. were slapped with an antitrust class action in California federal court Friday alleging they participated ...
Tags: Circuit Board, Electrical, Electronics
Law360, New York July 22, 2014, 7:26 PM ET — Panasonic Corp. and a slew of other companies were hit with yet another class action in California federal court on Tuesday accusing them of conspiring to fix prices on a key component of ...
Tags: Panasonic, Samsung, Electrical, Electronics
SAN FRANCISCO — Bay Area plaintiffs attorney Joseph Saveri has launched price-fixing allegations against more than a dozen electronics manufacturers over tiny electrical components found in nearly all household technology. Among the ...
Tags: Suit, Price-Fixing, Electrical, Electronics
Two Internet resellers of UPC barcodes used by retailers for price scanning and inventory purposes, have settled charges that they violated the Federal Trade Commission Act by inviting competitors to join in a collusive scheme to raise the ...
United Steelworkers (USW) International President Leo W. Gerard released the following statement in response to the U.S. Department of Justice’s announcement that an additional nine Japan-based auto parts producers, along with two ...
Tags: Auto Parts, Mineral
TWO members of the glass cartel — Glass South Africa and National Glass Distributors — have settled with the Competition Commission and had their settlement agreements confirmed on Thursday. The Competition Tribunal in June ...
Tags: Construction glass, Glass Cartel
COMPANIES that participated in cartel activity in the glass manufacturing industry face prosecution by the Competition Tribunal following an investigation by the Competition Commission. The commission’s investigation, which started ...
Tags: Glass, Furman Glass
A US judge has ordered Apple's chief executive Tim Cook to testify in a case brought by the government accusing the tech giant of conspiring to raise e-book prices. US Federal Judge Denise Cote issued the order after a teleconference ...
Tags: Apple, CEO, Tim Cook, e-Books Case
Bloomberg reported that antitrust body fined POSCO, Hyundai Hysco Co and five other South Korean steelmakers were fined a combined KRW 291.7 billion (USD 273 million) for fixing the price of some products. The Fair Trade Commission ...
Tags: antitrust body, POSCO, Hyundai Hysco Co, fine, price fixing
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
Business Line cited the Steel Ministry saying that NMDC would review its pricing mechanism. This is the fallout of the CAG report tabled on December 20th Thursday, the public sector iron ore miner has incurred losses of more than INR 1,500 ...
Tags: NMDC, pricing mechanism, CAG, iron ore miner
A former executive at Taiwanese LCD marker AU Optronics has been convicted of participating in a worldwide conspiracy to fix the prices of LCD panels,the U.S.Department of Justice said. Shiu Lung Leung,AU Optronics'former senior manager ...
Tags: AU Optronics, LCD panels, fix prices, Shiu Lung Leung
IDG News Service-The U.S.Department of Justice is recommending that AU Optronics,a Taiwanese maker of LCD panels,pay a US$1 billion fine,and two former executives serve 10 years in prison,for the company's participation in a long-term ...
Tags: DOJ, AU Optronics, LCD price fixing, highest fine
IDG News Service-Three book publishers will pay more than$69 million to U.S.states to settle charges they collaborated to fix prices of e-books. Hachette Book Group,HarperCollins Publishers and Simon&Schuster have agreed to an antitrust ...
Tags: E-Book Publishers, pricing-fixing, retail prices, Apple