Bridgestone Corporation Agrees to Plead Guilty to Participating in Conspiracies to Rig Bids And Bribe Foreign Government Officials

Bridgestone Corporation has agreed to plead guilty and to pay a $28 million criminal fine for its role in conspiracies to rig bids and to make corrupt payments to foreign government officials in Latin America related to the sale of marine hose and other...

Samsung SDI Agrees to Plead Guilty in Color Display Tube Price-Fixing Conspiracy

Samsung SDI Company Ltd. has agreed to plead guilty and to pay a $32 million criminal fine for its role in a global conspiracy to fix prices, reduce output and allocate market shares of color display tubes (CDTs), a type of cathode ray tube used in computer...

Taiwan Hannstar Executive Indicted for Role in LCD Price-Fixing Conspiracy

A federal grand jury in San Francisco has returned an indictment against the current president of HannStar Display Corporation for his participation in a global conspiracy to fix prices of thin-film transistor liquid crystal display (TFT-LCD) panels.

Singapore Airlines Cargo Pte Ltd. to Plead Guilty to Price Fixing Charges

Singapore Airlines Cargo Pte Ltd. has agreed to plead guilty and to pay a $48 million criminal fine for its role in a conspiracy to fix prices in the air transportation industry, the Department of Justice has announced.

Former Taiwanese Executive Indicted for Color Display Tube Price-Fixing Conspiracy

A federal grand jury in San Francisco has returned an indictment against a former executive of a large Taiwanese color display tube (CDT) manufacturing company for participating in a global conspiracy to fix prices of CDTs, a type of cathode ray tube...

Dutch Citizen Agrees to Plead Guilty for Fixing Prices on Air Cargo Shipments

A Dutch citizen and executive of Martinair Holland N.V. (Martinair) has agreed to plead guilty, serve time in jail and pay a criminal fine for participating in a conspiracy to fix cargo rates for international air shipments. Including today’s charge,...

LG, Sharp, Chunghwa Agree to Plead Guilty in LCD Price-fixing Conspiracies

Three leading electronics manufacturers –LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd. –have agreed to plead guilty and pay a total of $585 million in criminal fines for their roles in conspiracies to fix prices in the...

Former British Airways Executive Agrees to Plead Guilty to Participating in Price-fixing Conspiracy

A British citizen and former executive of British Airways World Cargo has agreed to plead guilty, serve eight months in jail and pay a criminal fine for participating in a conspiracy to fix rates for international air cargo shipments.

House Judiciary Committee Holds Hearing on ‘Credit Card Fair Fee Act’

U.S. merchants have welcomed encouragement from Democrats and Republicans alike in support of HR 5546, the Credit Card Fair Fee Act, bi-partisan legislation that would end what some see as credit card industry price fixing, which is the subject of a hearing...