Hungarian Competition Authority determined that the distributor of Paradox security products (alarm systems and equipment), Paradox Security Systems (Bahamas) Ltd., and its distributors in Hungary, Power Biztonságtechnikai Kereskedelmi Kft. and Trióda Biztonságtechnika Zrt., had restricted the competition in relation to these products for almost 10 years.
The Securities and Exchange Commission announced that Sweden-based Telefonaktiebolaget LM Ericsson was charged with engaging in a large-scale bribery scheme involving the use of sham consultants to secretly funnel money to government officials in multiple countries.
The Frankfurt public prosecutor\'s office has closed investigations into two employees of Deutsche Ban in the so-called Regula proceedings due to lack of sufficient suspicion in accordance with the German Code of Criminal Procedure.
The former President and Chief Executive Officer of Bumble Bee Foods LLC was convicted in San Francisco, California, for his participation in an antitrust conspiracy to fix prices of canned tuna, the Justice Department announced.
Optus Internet and Optus Mobile have been ordered by the Federal Court to pay $6.4 million in penalties for making misleading claims about home internet disconnections to consumers, following proceedings brought by the ACCC.
A fourth engineering executive accused in a bid-rigging scheme that bilked the City of Gatineau out of an estimated $1.8 million was sentenced to 6 months of house arrest, 13 months under curfew and 120 hours of community service.
Investigation into a case over 78 million-ruble embezzlement ($1.2 million) from the Baltic shipyard Yantar (Amber) has been completed, the Investigative Committee’s North West transport investigations department has told RAPSI.
The U.S. Commodity Futures Trading Commission issued an order filing and simultaneously settling charges against Goldman Sachs for failing to make and keep certain audio recordings as required under CFTC regulations for swap dealers.