Tags » Price Fixing

Competition Commission raids shipping companies suspected of collusion

News 24 reports that the Competition Commission on Wednesday conducted a search and seizure operation at the premises of six cargo shipping companies operating in the Western Cape and KwaZulu Natal (KZN) on suspicion of collusion and rate fixing, the body said in a statement. 307 more words

South Africa

U.S. Dairies slaughter 500,000 cows to drive up milk product prices - fined just over $100 apiece!


500,000 young cows killed to raise milk product prices

❝ Some of the nation’s largest dairy producers will pay $52 million to settle an antitrust class action with consumers in 15 states and the District of Columbia…

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Crime

U.S. Fines Hitachi $55.5 Million for Price-Fixing

Hitachi Automotive Systems agreed to plead guilty to fixing the price of shock absorbers installed in U.S. autos and to pay a criminal fine of $55.48 million, the Justice Department said in a statement on Tuesday. 133 more words

Tech

A Judge Says Uber's Background Check of a Lawsuit Rival Is 'Arguably' Criminal

A federal judge on Monday banned Uber and its CEO Travis Kalanick from using information obtained in a background check of a plaintiff bringing a price-fixing lawsuit, saying the firm that conducted the investigation engaged in “arguably” criminal conduct. 251 more words

Tech