Business / Corporate Aug 19, 2014

China fines Japan's NSK ¥2.9 billion for antitrust violations

China's antitrust regulator fined bearing-maker NSK Ltd. ¥2.9 billion for violating rules, the first Japanese company to be punished amid an industrywide probe into pricing practices. NSK said it is cooperating fully with the investigation by China's National Development and Reform Commission into its bearings ...

Apple's e-book 'conspiracy' said violated antitrust law

Business / Tech Jul 11, 2013

Apple's e-book 'conspiracy' said violated antitrust law

A U.S. judge ruled Wednesday that Apple conspired to raise e-book prices, handing the tech giant a bruising loss that could ripple throughout the industry and force companies to rethink how they meet consumer demand for digital products. For 160 pages, U.S. District Judge Denise ...