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Tag: cartel
GM Suppliers in Japan Plead Guilty in $5 Billion Cartel Case
2013-09-27 14:34:55| Electronics - Topix.net
Mitsubishi Electric Corp., Hitachi Automotive Systems Ltd. and seven other Japanese companies agreed to plead guilty and pay a total of $740 million in fines for a price-fixing conspiracy targeting automakers that included General Motors Co.
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japan
suppliers
billion
DuPont Settles - Cartel' Suit for $72M
2013-08-19 07:14:12| Chemicals - Topix.net
DuPont, the top global producer of titanium dioxide, will pay $72 million in cash to settle a class-action lawsuit accusing the chemical giant of colluding with other makers to fix prices for the common paint pigment for nearly 10 years.
Tags: suit
dupont
cartel
settles
Cartel break-up raises doubts about BHP's Jansen project
2013-08-08 09:34:04| Paper - Topix.net
The break-up of one of the world's two big potash cartels has spawned much speculation about the future of BHP Billiton 's Jansen project in Saskatchewan, with a report from analysts at Bank of America Merrill Lynch arguing that acquiring existing potash producer Mosaic might make more sense than proceeding with the $14-15 billion greenfield ... (more)
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raises
doubts
cartel
PotashCorp CEO unfazed by Russian rival's exit from potash cartel
2013-08-08 02:56:56| Chemicals - Topix.net
The CEO of PotashCorp says he doesn't see a Russian rival's exit from a European potash cartel as a big threat.
Feds Bust Mexican Drug Cartel in LA
2013-08-07 03:17:49| Agriculture - Topix.net
A multiagency task force has arrested at least eight people in the Los Angeles area and dozens more were indicted on federal charges that allege a connection between the Mexican Mafia prison gang and a Mexican drug cartel.