DOJ Antitrust Fines Rise 40% In FY2006

Law360, New York (December 21, 2006, 12:00 AM EST) -- The U.S. Department of Justice obtained more than $473 million in fines in the fiscal year ended Sept. 30, 2006, an increase of over 40% from the preceding year, thanks in large part to the success of its crackdown on an international memory chip cartel, the DOJ said.

The latest fiscal year started with a splash for the DOJ when it obtained a $300 million fine, the second-largest criminal antitrust fine in U.S. history, against Samsung Electronics Company and its U.S. subsidiary, Samsung Semiconductor Inc....
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