144) Gels reports that during Senate hearings on heavy electrical equipment pricefixing
, a former General Electric executive stated, "'they would never get me to do it again.
In 1999, the government of the US, where price-fixing has been a criminal offence since 1890, began investigating allegations of pricefixing
in the carbon industry within its jurisdiction and this led to Morgan Crucible Plc and a US subsidiary being fined a total of EUR11 million.
Moreover, there are already 20 non-US citizens serving jail sentences in America for pricefixing
Competition Commissioner Mario Monti said the company had violated rules over several years on pricefixing
, leasing competition and parallel trade, preventing people from buying a Mercedes more cheaply in another country and bringing it home.
IF the fuel companies under investigation for possible pricefixing
are found guilty, then I hope they get a suitable punishment.
While 103 firms have been punished, the watchdog found evidence of pricefixing
by more than 1,000 builders on 4,000 jobs.
The penalties are the largest yet imposed by the watchdog under the Competition Act for pricefixing
158) Justice Breyer once commented, "Isn't BMI a case where pricefixing
was so clearly justifiable that the Supreme Court permitted it despite the per se rule?
OIL bosses could face jail if they are found guilty of pricefixing
, David Cameron said yesterday.
The claim was brought by Bags (Bookmakers' Afternoon Greyhound Services) together with William Hill, Ladbrokes and Betfred, who allege that Amalgamated Racing (Amrac) is guilty of illegal pricefixing
by signing exclusive deals with 31 of the 60 UK racecourses to bring live TV pictures to betting shops via TurfTV.
Asked about the bidding for the television rights to English Premier League football, which Sky used to build its dominant position, Mr Ball said it was still awaiting the results of the European Commission pricefixing
probe of the league.
DaimlerChrylser also rigged the market in Belgium through a pricefixing
agreement limiting to 3pc the rebates its Belgian dealers could offer customers.