price fixing
| 1:35PM 3/30/2011
Toys "R" Us, Inc. agreed to pay a $1.3 million penalty to settle Federal Trade Commission allegations it violated a 13-year-old order banning it from manipulating the U.S. toy market to maintain artificially high prices and restrict competition.
The 1998 order bans the nationwide toy retailer from...
| 9:30AM 9/28/2010
Oracle has slapped Micron Technology, Samsung, Hynix, Infineon and other chip-makers with a price-fixing lawsuit, a follow-up to the $173 million antitrust settlement that those companies and others reached with state attorneys generals regarding similar allegations several months back.
| 2:00PM 9/22/2010
Top Silicon Valley blogger Michael Arrington has leveled explosive charges at some of the most influential angel investors in technology, alleging they are engaged in a conspiracy to collude and fix price levels for early-stage investments. At least two of the investors involved have denied the account.
| 5:00PM 6/24/2010
Virginia Attorney General Ken Cuccinelli announced today that six computer chip companies have agreed to a $173 million settlement with 33 states over antitrust allegations that they conspired in a price-fixing scheme to overcharge consumers.
| 2:15PM 6/22/2010
An international group of vitamin manufacturers that allegedly carried a price-fixing conspiracy over the course of 12 years has agreed to pay over $25 million to settle a class action lawsuit by 22 states and the District of Columbia.
The suit accuses the vitamin makers of flouting state and...
| 11:30AM 6/11/2010
As a quick way to raise cash, some people have taken out very large life insurance policies on themselves and then immediately sold them to investors. A case before New York's highest court will sort out if this tactic is legal. Nationally, tens of thousands have made such deals.
| 1:30PM 6/09/2010
U-Haul, the biggest retail rental truck company in the country, was accused by the Federal Trade Commission of trying to get is biggest rival -- Budget -- to collude on prices, which could have driven up costs to consumers.
The two companies together have more than 70% of the self-moving truck...
| 6:30PM 7/21/2009
Babies are big business and no company is bigger in that space that Babies R Us. And that means no company has more influence over which baby products get sold.It is that power and how it was used at issue in a class action lawsuit against the chain and its parent Toys R Us. The lawsuit asserts the...
| 3:00PM 4/29/2009
The state of Maryland is taking on price-fixing manufacturers with a new law that prohibits manufacturers from requiring retailers to charge a certain minimum price for products.The Wall Street Journal reports (subscription required) that "Under the new state law, retailers doing business in...
| 3:30PM 9/11/2008
Count on it each election season: Our elected representatives finally get off their duffs and start working on things that will actually affect our pocketbooks.Early this week, Sen. Herb Kohl, who chairs the Antitrust Subcommittee in the Senate Judiciary Committee, sent a letter to the big four...