Showing Archived Posts

Europe Fines Key Electronics Companies for Price-Fixing

Posted December 5th, 2012 at 4:50 pm (UTC-5)
Leave a comment

European regulators have fined some of the world’s largest electronics companies a record of nearly $2 billion for fixing the prices of television and computer screens. The European Union’s antitrust chief, Joaquin Almunia, said the companies engaged in some of “the worst kinds of anti-competitive behavior” from the late 1990s through 2006, establishing prices they […]

Tags: , , Posted in Economy

Taiwan Firm Fined $500 Million in US Price-Fixing Case

Posted September 20th, 2012 at 3:45 pm (UTC-5)
Leave a comment

A U.S. judge has fined a Taiwanese electronics firm $500 million in a conspiracy to fix prices for liquid-crystal-display panels, in one of the largest penalties ever in an American anti-trust case. Judge Susan Illston imposed the sentence Thursday in San Francisco against the AU Optronics company. She also sentenced two of its former executives, […]

Tags: , , , Posted in Economy

Japanese Company to Plead Guilty in US Price-Fixing Case

Posted September 29th, 2011 at 11:50 am (UTC-5)
Leave a comment

A Japanese auto parts supplier and three of its executives have agreed to plead guilty to U.S. allegations that they engaged in a price-fixing and bid-rigging conspiracy. The U.S. Justice Department said Thursday that Tokyo-based Furukawa Electric would pay a $200 million fine for its role in the scheme. The agency said the company conspired […]

Asian Match Fixer Jailed as Football Scandals Spread

Posted July 19th, 2011 at 11:40 am (UTC-5)
Leave a comment

A Singapore man has been sentenced to two years in jail for bribing football (soccer) players in the Finnish football league, as international match-fixing scandals continue to spread and investigators point to organized crime networks based in Southeast Asia. Tuesday’s verdict in Helsinki against Wilson Raj Perumal and nine Finnish players is the latest example […]


July 2024
« Jan