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Crime : Page 5

EU court upholds antitrust fines in optical disk drives cartel
Optical disk drivesJuly 19, 2019 ET
Sony, a Hitachi-LG joint venture, and Toshiba-Samsung Storage Technology lost appeals of a 2015 European Union decision to fine a group of companies a total of 116 million euros for violating antitrust rules by coordinating their behavior regarding procurement tenders organized by two computer manufacturers.
Seafood processor pleads guilty to selling foreign crab meat falsely labeled as blue crab from USA
Blue crab from USAJuly 19, 2019 ET
Michael P. Casey of Poquoson, Virginia, pleaded guilty in federal court in Newport News, Virginia, on charges stemming from his participation in a lucrative conspiracy to falsely label millions of dollars-worth of foreign crab meat as “Product of USA.”
Google fined $11,000 for not filtering websites in Russia
GoogleJuly 18, 2019 ET
The communications agency Roskomnadzor on Thursday imposed a 700,000-ruble fine ($11,000) on Google company for failure to abide by Russian legislation, a statement released on the watchdog’s website reads.
Commission fines US chipmaker Qualcomm €242 million for engaging in predatory pricing
QualcommJuly 18, 2019 ET
The European Commission has fined Qualcomm €242 million for abusing its market dominance in 3G baseband chipsets.
Shocking discoveries about pet food quality in Poland
DogJuly 16, 2019 ET
More than half of Poles (52%) have a pet, usually a dog (42%) or a cat (26%).
U.S. extradites former Colombian Minister of Agriculture
Andres Felipe Arias LeivaJuly 12, 2019 ET
The United States extradited Andres Felipe Arias Leiva, who served as Colombia’s Minister of Agriculture and Rural Development from 2005 to 2009, to face a prison sentence in that country based on a 2014 conviction by the Supreme Court of Colombia for two offenses committed while Arias served in public office.
Reckitt Benckiser to pay record $1.4bn fine over opioid sales
Reckitt BenckiserJuly 11, 2019 ET
Reckitt Benckiser has agreed to pay a $1.4bn fine to settle a US investigation into sales of a treatment for addiction to opioids by its former prescription drugs business Indivior.
SEC charges accountant and friend in $6.2 million insider trading scheme
IlluminaJuly 11, 2019 ET
The Securities and Exchange Commission filed insider trading charges against an accountant and her friend, whom she illegally tipped with confidential information in advance of her company’s quarterly performance announcements in exchange for all-expense paid travel and other expensive gifts.
Brazil court convicts Vale for damages caused by deadly dam rupture, $2.89 billion lost
Vale damJuly 10, 2019 ET
A Brazilian state judge convicted mining company Vale SA for damages caused by the deadly rupture of a tailings dam in January that killed at least 240 people.
Cruising company that sent passengers to Madagascar’s plague epidemic to pay fine
Costa CrociereJuly 9, 2019 ET
The Italian Competition Authority imposed a fine of two million euros on Costa Crociere after ascertaining an improper commercial practice.
Czech Republic fines window producers for bid rigging cartel
DAFE-PLAST JihlavaJuly 9, 2019 ET
The Chairman of the Office for the Protection of Competition in Czech Republic, Mr. Petr Rafaj, rejected the appeal of the undertakings DAFE-PLAST Jihlava, s.r.o., OFS 2000, s.r.o. and SULKO s.r.o., and confirmed the first-instance decision issued last year imposing the fines of CZK 20 841 000 on these undertakings for a bid rigging cartel agreement.
Commission fines Sanrio €6.2 million for restricting cross-border sales of Hello Kitty
Hello KittyJuly 9, 2019 ET
The European Commission has fined Sanrio €6.2 million for banning traders from selling licensed merchandise to other countries within the EEA.
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