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Price fixing articles

Court raises doubts on Motorola Mobility's price-fixing lawsuit

Motorola Mobility, which is currently pursuing a US price-fixing lawsuit against overseas suppliers, found itself on the back foot after a three-judge panel of the 7th US Circuit Court of Appeals raised doubts on whether the claims in the lawsuit…

Judge okays Apple's $450 million ebooks price-fixing settlement

US District Judge Denise Cote on Friday gave preliminary approval to Apple's proposed $450 million settlement in the ebooks price-fixing class action lawsuit. The settlement, which hinges on the outcome of Apple's appeal of the original antitrust ruling, would see the company…

Apple to pay $450 million to settle e-book antitrust suit

Apple has agreed to pay $450 million to settle a civil class-action lawsuit claiming the company conspired with publishers to raise the price of ebooks to consumers. The settlement, which would provide $400 million for consumers, is contingent on the company's appeal…

Apple fined by Taiwan's fair trade commission over iPhone, plan pricing

Apple has been fined 20 million New Taiwan dollars ($670,000) by Taiwan’s Fair Trade Commission for influencing iPhone retail pricing and rate plans with three of the country’s biggest wireless carriers: Chunghwa Telecom, FarEasTone Telecommunications and Taiwan Mobile.

Customers could receive up to $3 per price-fixed e-book

Earlier this year a judge found Apple guilty of conspiring to raise the retail prices of e-books alongside the launch of the iPad in 2010. Three of the five publishers involved in the case – Hachette, HarperCollins, and Simon &…

HP's Seoul office raided in price fixing investigation

HP's Seoul office was raided by South Korea's Fair Trade Commission (FTC) last Friday as part of a price fixing investigation, according to Korea Times. The agency reportedly swiped documents and computer records along with questioning employees, though full details…

LCD firms agree on $553 million settlement for price fixing

Samsung Electronics and six other producers of liquid-crystal displays have agreed to pay around $553 million in compensation to settle consumer and state regulator claims they conspired to "fix" prices for LCD panels used in televisions, laptops and computer displays. …

Hitachi-LG execs face jail time, fines for price fixing

Three industry executives will serve prison sentences after pleading guilty to fixing optical disk drive prices, according to the US Department of Justice. The Hitachi-LG Data Storage (HLDS) workers, Young Keun Park, Sang Hun Kim and Sik "Daniel" Hur participated…