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Tag: fined
Telmex fined for monopolistic practices
2014-10-01 02:00:00| Total Telecom industry news
Mexican operator ruled to have hindered competition through its actions towards rival Axtel in long-distance space.
Shapewear firms fined $1.5m for false weight-loss claims
2014-09-30 17:40:58| Daily apparel & textile news and comment - from just-style.com
Two marketers of women's caffeine-infused shapewear undergarments have agreed to pay more than $1.5m in refunds to consumers for making misleading claims the garments would help them to lose weight and cellulite.
Cleveland: Auto parts maker guilty, fined $26 million for price fixing, bid rigging.
2014-09-30 03:39:56| Auto Parts - Topix.net
Toyoda Gosei Co. Ltd., an automotive parts manufacturer based in Aichi, Japan, has agreed to plead guilty and to pay a $26 million criminal fine for its role in conspiracies to fix prices and rig bids for automotive hoses, airbags and steering wheels sold to automobile manufacturers, the Department of Justice announced today.
Tags: price
auto
parts
million
Glaxo fined 297m by Chinese court
2014-09-19 12:44:41| Biotech - Topix.net
Glaxo says it has accepted a fine by Chinese courts and added that it has taken steps to change working practices Drugs giant GlaxoSmithKline has been fined A 297 million and a former executive has been handed a prison sentence by the Chinese courts for bribing doctors and hospitals to use its products. Glaxo said it accepted the decision by the Changsha Intermediate People's Court in Hunan province and added that it has already taken steps to change its working practices.
Tags: court
chinese
fined
glaxo
GSK fined $490m by China for bribery
2014-09-19 12:28:01| BBC News | Business | UK Edition
China fines UK pharmaceuticals firm GlaxoSmithKline $490m (297m) for bribery and its former head of Chinese operations is given a suspended jail sentence.
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