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Energy companies face investigation

2014-06-26 12:20:35| BBC News | Business | UK Edition

The energy markets regulator, Ofgem, announces it will refer the energy market to the Competition and Markets Authority for a full investigation

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Philips, Infineon, Samsung face EU antitrust fines

2014-06-25 08:57:44| Electronics - Topix.net

EU regulators are poised to fine Philips, Samsung Electronics Co Ltd and Infineon Technologies AG in the coming weeks for fixing prices of chips used in mobile SIM cards, two people familiar with the case said on Tuesday.

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Exclusive: Deutsche Telekom and its Slovak unit face EU fines - sources

2014-06-24 19:49:06| Telecom - Topix.net

The European Commission has long frowned on cases where dominant companies charge rivals excessive wholesale rates, making it impossible for competitors to generate a profit from their retail services.

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U.S. to face multibillion-dollar bill from climate change: report

2014-06-24 11:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Annual property losses from hurricanes and other coastal storms of $35 billion; a decline in crop yields of 14 percent, costing corn and wheat farmers tens of billions of dollars; heat wave-driven demand for electricity costing utility customers up to $12 billion per year. These are among the economic costs that climate change is expected to exact in the United States over the next 25 years, according to a bipartisan report released on Tuesday. And that's just for starters: The price tag could...

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GM could face another fine for Impala recall

2014-06-20 00:35:50| Automakers - Topix.net

The Aug. 30, 2005, e-mail surfaced Wednesday during a House subcommittee hearing on GM's delayed recall of 2.6 million small cars with ignition switch problem.

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