Competition Commission of India Probes Sugar Mills for Price Fixing

The Competition Commission of India (CCI) announced Monday that it was probing allegations of price fixing by oil marketing companies (OMCs) and sugar mills during the bidding for ethanol blending with petrol.  According to a senior member of the commission, … Continue reading

Posted in Price fixing |

JP Morgan VP Receives No Prison Time or Fines for Bid Rigging

James L. Hertz, the former Vice President of JP Morgan Chase & Co., received no prison time, no probation, and no fines from a New York federal judge after he pleaded guilty to bid rigging and assisted in the investigation … Continue reading

Posted in Bid Rigging |

Settlement Reached in Swipe-Fee Antitrust Decision

A federal judge has approved a class-action settlement among retailers, Visa, MasterCard, and major United States banks over the “swipe fees” retailers are forced to pay to accommodate card users.  The agreement, which is being billed as the largest settlement … Continue reading

Posted in AntiTrust Law |

Qualcomm Charged with Price Fixing in China

United States chipmaker, Qualcomm, has been charged with price fixing by the National Development and Reform Commission of China.  Xu Kunlin, the head of the Chinese department of price supervision, released a statement on December 12th reporting that the agency … Continue reading

Posted in AntiTrust Law, Price fixing |

President of Sea Star Line LLC Sentenced for Price Fixing

Frank Peake, the former president of Sea Star Line LLC, has been sentenced to five years in prison on charges of price fixing freight traveling between the United States and Puerto Rico.  Peake was convicted last January of conspiring to … Continue reading

Posted in Price fixing |