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April 20, 2024
 

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PRICE FIXING

Japan Times
BUSINESS
Nov 1, 2017
U.S. states allege broad generic drug price-fixing collusion, triggering fall in pharmaceutical stocks
A large group of U.S. states accused key players in the generic drug industry of a broad price-fixing conspiracy, moving on Tuesday to widen an earlier lawsuit to add many more drug makers and medicines in an action that sent some company shares tumbling.
BUSINESS
Oct 31, 2016
Judge rejects bid by top four U.S. airlines to dismiss price-fixing suit filed by passengers
A federal judge rejected a bid by the four largest U.S. airlines to dismiss nationwide antitrust litigation by passengers who accused them of conspiring to raise fares by keeping seating capacity artificially low.
BUSINESS
Oct 22, 2015
EU slaps DVD drive-makers with €116 fine
Brussels
BUSINESS / Companies
Sep 17, 2015
Auto parts-maker Kayaba agrees to $62 million fine for fixing shock absorber prices
Automotive and hydraulic equipment maker Kayaba Industry Co. has agreed to pay a $62 million fine for its role in a price fixing scheme for shock absorbers for cars and motorcycles sold in the United States, the Justice Department said Wednesday.
JAPAN / Crime & Legal
Sep 4, 2015
NGK Insulators pleads guilty in U.S., agrees to pay $65 million fine for price fixing
The U.S. Justice Department said Thursday that Japanese manufacturer NGK Insulators Ltd., which makes electricity insulators and automotive parts, has agreed to plead guilty and pay a $65.3 million (about ¥7.8 billion) fine for price fixing and rigging bids.
JAPAN / Crime & Legal
Mar 12, 2015
Japan shipping firm official to be jailed in U.S. over cartel
A senior official of the major Japanese shipping firm Nippon Yusen Kabushiki Kaisha has been sentenced to a 15-month prison term for his involvement in a price-fixing conspiracy, according to the U.S. Justice Department.
JAPAN / Crime & Legal
Apr 17, 2014
Former Bridgestone exec to plead guilty to price fixing
A former Japanese executive of major tire maker Bridgestone Corp. has agreed to plead guilty to his involvement in automobile parts price fixing in the United States, the Department of Justice said Wednesday.
JAPAN
Feb 21, 2014
Ex-Denso exec to be jailed in U.S. over obstructing cartel probe
A former executive of Japanese auto parts maker Denso Corp. will be jailed in the United States after pleading guilty to obstructing a 2010 investigation of a price-fixing allegation, the U.S. Justice Department said Thursday.
BUSINESS / Companies
Nov 27, 2013
Toyo Tire will pay $120 million U.S. cartel fine
Toyo Tire & Rubber Co. has agreed to plead guilty and pay a $120 million fine for its role in price-fixing of automobile parts in the United States, the U.S. Justice Department said Tuesday.
BUSINESS
Jul 31, 2013
JPMorgan to settle market-rigging case
On March 14, 2011, Blythe Masters, head of JPMorgan Chase's global commodities group, asked one of her top deputies why California power officials were making ominous inquiries into the bank's arcane and lucrative business of selling electricity. Five months earlier, Masters had been given a spreadsheet predicting that this line of business would generate profits of $1.5 billion to $2 billion by 2018.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Tehran signals no retaliation against Israel after drones attack Iran
A reported strike against Iran by Israel on Friday came against the backdrop of Iran's support for the Palestinian Hamas militant group, whose assault into Israel on Oct. 7 triggered Israel's invasion of Gaza.
In a first, Japan doctors sue Google over negative reviews on firm's map app
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
Former No. 1 Kento Momota retires from international badminton at 29
Badminton star Kento Momota leaves a news conference after announcing his retirement from Japan's national team, in Tokyo on Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Latest Biden chip deal highlights U.S. semiconductor successes
U.S. President Joe Biden speaks as he announces a preliminary agreement with Intel for a major CHIPS and Science Act award, during a visit to the Intel Ocotillo Campus in Chandler, Arizona, on March 20.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
Upstart Zelvia shows that, in the J. League, it’s anyone’s game
Machida supporters wave giant flags during the team's game against Vissel Kobe at National Stadium in Tokyo on Sunday.

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