Brazil: Prysmian warns of potential US$100M-plus fine in antitrust case

Brazil: Prysmian warns of potential US$100M-plus fine in antitrust case

Cable maker Prysmian said on Monday, February 11, it could have to pay a fine of up to €96 million (US$108 million) in an antitrust case opened in Brazil in 2011. The Brazilian antitrust authority—the CADE Tribunal—is expected to issue a decision that will be provisionally enforceable. The decision could be challenged before the Brazilian […]

US: Justices skeptical of Apple in case about iPhone apps’ sales

US: Justices skeptical of Apple in case about iPhone apps’ sales

The Supreme Court seemed ready Monday, November 26, to allow a lawsuit to go forward that claims Apple has unfairly monopolized the market for the sale of iPhone apps, reported Bloomberg Law. The court heard arguments in Apple’s effort to shut down an antitrust lawsuit. Chief Justice John Roberts was alone among the nine justices […]

US: Japanese capacitor manufacturer settles criminal antitrust case

US: Japanese capacitor manufacturer settles criminal antitrust case

Nippon Chemi-Con was recently sentenced, by the US Department of Justice, to pay US$60 million criminal fine for conspiracy to fix prices for electrolytic capacitors. Nippon is the eighth company sentenced for participation in the price-fixing conspiracy. Nippon was sentenced to five years of probation during which it has to implement an effective compliance program and […]

US: SCOTUS declines antitrust case against Pfizer over Lipitor

US: SCOTUS declines antitrust case against Pfizer over Lipitor

On on Tuesday the US Supreme Court declined to review the dismissal of a lawsuit involving a group of California pharmacists who allege Pfizer conspired with Ranbaxy Laboratories to delay sales of generic versions of its cholesterol drug Lipitor. The justices let stand a ruling by the 3rd US Circuit Court of Appeals in Philadelphia […]

US: San Antonio door maker wins antitrust case

US: San Antonio door maker wins antitrust case

San Antonio, Texas, door maker Steves and Sons scored a major court victory in its ongoing legal battles with a North Carolina door manufacturer. A US District Court jury in the Eastern District of Virginia ruled that Jeld-Wen must sell its Towanda, Pennsylvania doorskin plant in order to restore competition in the marketplace, according to […]

US: AG uses EU case for US antitrust case against Google

US: AG uses EU case for US antitrust case against Google

The investigation into Google by Missouri State Attorney General Josh Hawley just got another layer. Hawley announced on July 25 that his office served a new subpoena on the tech giant to continue the investigation into the company’s business practices. This new subpoena relates to allegations that the company took improper steps to enhance its […]

US: Judge dismisses saline solution antitrust case

US: Judge dismisses saline solution antitrust case

A federal judge has dismissed a proposed class action accusing Baxter International and Hospira of conspiring to manufacture an artificial shortage of intravenous saline solution in order to increase prices, reported Reuters. US District Judge John Tharp in Chicago on Thursday agreed with the saline solution suppliers that plaintiffs’ theory that the companies used bogus […]

US: AbbVie owes US$488m in antitrust case

US: AbbVie owes US$488m in antitrust case

A US judge on Friday, June 29, found that Abbvie Inc used sham litigation to illegally prevent generic versions of testosterone gel AndroGel from getting to market and ordered the drugmaker and its partner to pay US$488 million, reported Reuters. The ruling by US District Judge Harvey Bartle in Philadelphia came in an antitrust lawsuit […]

South Africa: Forex-rigging trial likely to begin in 2019

South Africa: Forex-rigging trial likely to begin in 2019

Court proceedings against 18 banks accused of rigging the rand are likely to start next year, as prosecutors need time to prepare the complex case, the head of cartels at the Competition Commission said. The commission concluded an investigation last February into whether local and foreign banks colluded to coordinate their trading activities when giving […]

Mexico: Regulator fines America Movil $5.4 million in antitrust case

Mexico: Regulator fines America Movil $5.4 million in antitrust case

Mexico’s telecom regulator, the IFT, announced on Wednesday, April 19, that it has fined billionaire Carlos Slim’s flagship company America Movil and its mobile service unit Telcel 96.8 million pesos (US$5.4 million) in an antitrust case, Reuters reported. The IFT said it fined America Movil and Telcel for having “exclusivity agreements with Blue Label Mexico, […]

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