8/19/15: Anti-competition law is a complicated business but the Federal Trade Commission has taken a stab at describing the underlying principles that guide its enforcement actions against “unfair methods of competition” prohibited by Section 5 the FTC Act. According to FTC Chairwoman Edith Ramirez, “The statement...
4/14/15: There may be rumblings that the US Department of Justice has eased up on FCPA enforcement, but the Department has made sure there’s no doubt about its enforcement of anticompetitive laws. The last big hit came against Bosch, the 34th company to have pleaded guilty or agreed to plead...
11/15/14: Bid-rigging has become a familiar antitrust crime but the guilty plea by Aisin Seiki Co. Ltd., a Japan-based automotive parts manufacturer, resulted from its role in a conspiracy to allocate customers. That plea agreement is costing the company $35.8 million. The scheme, according to the US DOJ, involved meetings and conversations between...
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