An English appeals court's recent decision dismissing a former Barclays trader’s bid to overturn a conviction for Libor-rigging bodes ill for similar appeals in connected cases that look to build arguments on a prosecution witness whose mistakes caused an “embarrassing debacle” for the Serious Fraud Office.
Two executives for a Pennsylvania defense contractor have pled guilty and agreed to serve jail time for conspiring to rig bids on contracts with the U.S. Navy.
Brazilian competition authorities have raided the offices of American Airlines’ parent company as part of an ongoing, worldwide investigation into possible price-fixing in the air cargo industry.
In a move that brings a widely-recognized corporate logo closer to changing hands, the U.S. Federal Trade Commission granted early termination of a federally mandated waiting period with respect to the agreement by St. Paul Travelers Cos. to buy back the red umbrella mark from Citigroup Inc.
In yet another setback for Golden Bridge Technology Inc., a federal judge in Texas has dismissed the wireless technology firm’s antitrust suit against a group of cell phone giants after ruling it failed to prove the rivals conspired against its technology.
Courts cannot impose administrative fees upon an attorney unless there is a finding of misconduct, a circuit court has ruled in relation to an $80 million antitrust settlement over an authorized generic of high blood pressure drug Cardizem CD.
A newly created House Antitrust Task Force will hold hearings next week over the potential anti-competitive effects of the proposed merger of satellite radio companies Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc.
European Union regulators will investigate whether Britain delivers government loans on illegally favorable terms to its postal service, Royal Mail PLC, after postal rivals alleged that the state-owned company was receiving unfair subsidies.
The former president of a marine products company faces a jail term and a six-figure fine after pleading guilty to bid-rigging and conspiracy charges in federal court in Virginia on Wednesday.
A group of U.S. corn growers has targeted Monsanto Co. in an antitrust lawsuit, claiming the company has created a monopoly in the market for herbicides and has blocked farmers from buying less expensive products.
The European Commission ruled on Thursday that an Italian mining company must pay back the €98.36 million it received in subsidies from the Sardinian regional government.
The antitrust regulator of South Korea fined the country’s top four domestic refiners this week, alleging they colluded to fix the prices of light oil products in 2004.
Treble damages can be considered penalties, and therefore cannot be sought in antitrust class actions, New York State’s highest court found on Thursday.
The Polish competition watchdog has slapped an €87 million fine on the country’s largest telecommunications provider for lowering its Internet prices without getting approval, a move that brought criticism from the European Commission.
A workers union plans to oppose a Department of Justice order forcing Mittal Steel Co. to sell its Maryland plant, a move intended to maintain competition in the tin mill market on the east coast following Mittal's acquisition of Arcelor S.A.
Following similar moves by the U.S. and Europe, Japan’s Fair Trade Commission has geared up to study whether or not price-setting meetings by the International Air and Transport Association are illegal.
Hertz Corp. has filed a lawsuit against Enterprise Rent-a-Car Co., accusing the rival rental company of engaging in unfair trade and business practices in relation to an intellectual property dispute over technology used by both companies.
The European Commission has outdone itself, levying its highest antitrust fine ever of €992 million against four elevator and escalator makers for their alleged participation in a price-fixing conspiracy.
Australia’s largest gas producer has dropped plans to merge with the Queensland Gas Company (QGC) after the federal watchdog slammed its proposed bid for being anti-competitive.
Two California providers of electronic design automation software involved in a patent infringement lawsuit have agreed to narrow the scope of the case by removing certain patent infringement and antitrust claims from their dispute.
Fearing higher prices and decreased competition, Australia’s consumer watchdog has rejected an offer by the country’s largest domestic gas producer for the Queensland Gas Company (QGC).