Fines Upheld for Inflated Prices on Computer Hardware
The European General Court dismissed appeals Friday from Sony and other computer-equipment companies that were fined for fixing the prices of optical disk drives.
Read moreprice-fixing
Unsealed Emails Back Conspiracy Charge in Generic Drug Suit
Scrubbing some redactions from a suit that charged 20 generic drugmakers with a massive price-fixing conspiracy, a federal judge gave the public its first look Monday at evidence of the pharmaceutical executives emailing and texting each other to coordinate prices and placate Congress.
Read moreNew Jersey Pharma Company Settles Price-Fixing Allegations
Heritage Pharmaceuticals reached a $7 million deal Friday to settle U.S. criminal and civil price-fixing charges.
Read moreFish Stories
Two federal class actions claim that Mowi USA, Ocean Quality USA and others conspire to fix prices on farm-raised Atlantic salmon.
Read more
Derivative Action Takes Lannett to Task Over Role in Alleged Drug Price Fixing Scheme
(CN) – Generic pharmaceutical maker Lannett Company Inc. faces a shareholder derivative action after the company artificially bolstered the price
Read moreStates Accuse Drugmakers of Price-Fixing on Generics
Connecticut and 43 other states filed a 500-page lawsuit Friday accusing Teva Pharmaceuticals and more than a dozen of the nation’s largest generic drug manufacturers of a broad conspiracy to artificially inflate and manipulate prices, reduce competition and unreasonably restrain trade for more than 100 different generic drugs.
Read moreStates Bring Price Fixing Suit Against Generic Drug Makers
Attorneys general from more than 40 states are alleging the nation’s largest generic drug manufacturers conspired to artificially inflate and manipulate prices for more than 100 different generic drugs, including treatments for diabetes, cancer, arthritis and other medical conditions.
Read morePrescription Drugs
Shareholder claim in two federal class actions that Teva Pharmaceuticals juggled its books to appear more profitable than it was, and fixed prices, costing investors when the share price tanked.
Read moreJury Finds No Conspiracy to Fix Ramen Prices
After a five-week trial, a federal jury has found no proof two major South Korean ramen makers conspired to illegally fix noodle prices in Korea and the United States.
Read moreKorean Firms Admit to Rigging Fuel Prices at US Bases
The Justice Department said Wednesday that three South Korean companies will pay a total of $236 million as part of a guilty plea and civil settlement over a scheme to rig prices for fuel sold to U.S. military bases in the Southeast Asian nation.
Read morePrice Fixing
A class of indirect purchasers asked a judge Monday to sign off on a $21.5 million settlement with Nichicon for fixing the price of capacitors.
Read moreDrug Price-Fixing
A pension plan claims in a federal class action the McKesson Corp. fixed prices on generic drugs, and its share price fell from $151.10 to $138.55 in a single day when its price-fixing scheme unraveled.
Read moreBanks Lose Bid for Secrecy on EU Commission Fines
JPMorgan Chase and the French bank Credit Agricole failed Thursday to prevent the European Commission from publishing a decision regarding a cartel that rigged the benchmark interest rate known as Euribor.
Read moreFishy Prices
Canned tuna giant StarKist agreed Thursday to plead guilty to a single felony count of price-fixing. It faces a criminal fine of up to $100 million.
Read moreTech Cartel
Though it dismissed an appeal by Philips, which was fined about $23.7 million for fixing prices in the smart card chip sector, the European Court of Justice called Wednesday for an assessment of whether the $97 million fine given to Infineon Technologies was proportional.
Read moreGeneric Drugs
A federal judge refused Monday to dismiss a pension fund’s class action accusing Taro Pharmaceutical Industries of fixing prices on its generic drugs with its competitors.
Read more$25 Million Settlement
A federal judge approved a $25 million settlement Tuesday against Samsung and Toshiba for indirect purchasers’ class action involving price fixing in optical disc drives.
Read more