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Panasonic, Sanyo guilty in price-fixing conspiracy

2013-07-18 22:50:12| Chemicals - Topix.net

The Justice Department says Panasonic Corp. and a subsidiary, SANYO Electric Co.

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Panasonic, Sanyo, LG Chem in price-fixing plea deals: U.S.

2013-07-18 22:50:11| Chemicals - Topix.net

Panasonic agreed to pay about a $45.8 million criminal fine, Sanyo agreed to pay $10.7 million and LG Chem $1.1 million, the department said in a statement.

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Apple loses e-book price-fixing case, plans to appeal

2013-07-11 09:16:00| Telecompaper Headlines

(Telecompaper) Apple has lost a case brought by the US government and 33 state attorneys general in April 2012 which accused the company of fixing the price of e-books with five publishers to compete against market leader Amazon. US District Judge Denise Cote ruled that Apple played a central role in the scheme. The publishers have already settled with the department of justice. Bloomberg writes that Apple will be ordered to stop the practice and may have to pay treble damages for overcharging customers under the state government's suits. The federal government is not seeking damages. Apple insisted that it did not conspire to fix e-book pricing and said it would appeal the decision.

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Apple found guilty of price-fixing for e-books

2013-07-10 16:51:03| InfoWorld: Top News

A U.S. district court judge has found Apple guilty of e-book price fixing after three weeks of court proceedings that ended June 20.Judge Denise Cote for the U.S. District Court for the Southern District of New York said in an opinion issued today that "this court finds by a preponderance of the evidence that Apple conspired to restrain trade."

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Cathay to pay Canada US$1.45m in price-fixing case

2013-06-21 14:51:03| Airlines - Topix.net

Hong Kong flagship carrier Cathay Pacific Airways said Friday it will pay $1.45 million to Canadian authorities to settle an air cargo price-fixing case.

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