Competition

  • February 12, 2007

    Concrete Price-Fixing Scheme Yields More Sentences

    Marking the latest prison sentences to be doled out in a wide-ranging concrete price-fixing scandal in Indiana, three concrete company employees were sentenced to jail time and given fines on Friday for their roles in the multi-company conspiracy.

  • February 12, 2007

    Ice Cream Antitrust Ruling Reversed

    While upholding a lower court ruling that an ice cream maker’s patent was not violated because it was fraudulently acquired, the Federal Circuit has reversed an antitrust ruling against the company.

  • February 9, 2007

    Norway Probes Siemens For Price-Fixing

    Norwegian antitrust authorities have raided a Siemens unit, looking for evidence from the German engineering and technology company in connection with an investigation into alleged collusion in the fire protection sector.

  • February 9, 2007

    Foreign Cos. Defeated In MSG Antitrust Case

    A group of foreign companies embroiled in a class action antitrust case against United States monosodium glutamate (MSG) producers ate crow on Thursday, after an appeals court judge ruled that their suit had no standing.

  • February 9, 2007

    BofA Gets Amnesty In DOJ Bond Probe

    Bank of America Corp. has entered into a leniency deal with the U.S. Department of Justice as part of the agency’s investigation into anti-competitive bidding activities in the municipal bond sector.

  • February 9, 2007

    E.U. Filing Heats Up Airbus, Boeing Dispute

    The European Union has fired back in its long-running dispute with the United States over subsidies for Boeing Inc. and Airbus, filing a response to claims the U.S. made in an earlier complaint filed with the World Trade Organization.

  • February 9, 2007

    E.U. Trade Chief Calls For Global Energy Rules

    The European trade chief on Friday insisted on the need for strict, cross-national regulations to help stabilize the energy market and encourage the use of clean, green technology – areas he said now exist in an “international legal vacuum.”

  • February 9, 2007

    Chavez Takes Over AES-Owned Utility

    The government of Venezuelan President Hugo Chavez signed an agreement Thursday to nationalize the utility company Electricidad de Caracas, which is owned by U.S.-based AES Corp.

  • February 9, 2007

    Kroes Criticizes Business Insurance Sector

    European Union Competition Commissioner Neelie Kroes highlighted areas of concern in Europe’s business insurance industry on Friday at a public hearing.

  • February 9, 2007

    Sanofi-Aventis Dealt A Setback

    Sanofi-Aventis was dealt a blow in its attempt to prevent a generic version of its popular anti-clotting drug Lovenox when a U.S. District Court judge ruled that the drug maker was deceptive when it applied for the patent for the drug.

  • February 8, 2007

    Mexico’s Antitrust Head Calls For More Autonomy

    Regulators in several of the Mexico’s most crucial sectors must be endowed with more autonomy if the country’s economy is to become more competitive, the head of Mexico's antitrust watchdog said Wednesday.

  • February 8, 2007

    Cosmetics Maker Can't Ban Discounting: Judge

    An Australian court has fined a premium cosmetics company $3.4 million for a decade of price-fixing, ruling the conduct was excusable but still illegal.

  • February 8, 2007

    Australia Vows To Shield Blood Plasma Market

    In a move that could prompt a trade spat with the United States, several state governments in Australia have vowed to shun plans to open the country’s blood plasma supply market to overseas companies.

  • February 8, 2007

    E.U. Court Upholds Beer Cartel Fine

    Despite numerous appeals over the last six years by the company, the European Court of Justice forced French food manufacturer Groupe Danone to pay a € 42.41 million fine on Thursday for taking part in a beer cartel.

  • February 8, 2007

    LCD Maker Hit With Shareholder Class Action

    Already facing an antitrust lawsuit from consumers, technology display maker LG.Philips LCD now faces a class action suit from shareholders who say the company’s anti-competitive behavior led to a huge drop in its stock price.

  • February 7, 2007

    U.K. Regulator To Review Insurance Industry

    The United Kingdom’s Office of Fair Trading has handed off a case dealing with the payment protection insurance market to the Competition Commission for a full-scale investigation.

  • February 7, 2007

    E.U. Opens Probe Into Dutch Tax Break Scheme

    The European Commission has opened a formal in-depth investigation into corporate tax-break legislation proposed in the Netherlands, saying the scheme could violate the bloc’s rules against state aid.

  • February 7, 2007

    Economists Weigh In On Vertical Price-Fixing Debate

    Stepping into the fray, two leading economists are pushing the Supreme Court to adopt a modified approach to governing vertical minimum price-fixing in advance of an upcoming case on the subject.

  • February 7, 2007

    Army Officers Indicted For Rigging Iraq Contracts

    Three U.S. army officers and two accomplices were indicted on Wednesday for rigging over $8.6 million worth of contracts in a scheme that stole millions of dollars from the Coalition Provisional Authority in Iraq.

  • February 7, 2007

    Norway: Apple Is Shifting Blame On DRM Issues

    In response to Apple Inc. CEO Steve Jobs’ comments addressing iTunes’ antitrust issues, Norway’s Consumer Council said on Wednesday that though it praised the company for taking the issue seriously, Apple was hiding behind record companies instead of examining the key issues.