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Hace 5 días · London CNN — Mondelez, the maker of Oreo and Cadbury Dairy Milk chocolate, has been fined €337.5 million ($366 million) for hindering the trade of chocolate, cookies and coffee between European...
Hace 5 días · May 23, 2024 at 10:54 AM PDT. The Department of Justice and the Federal Trade Commission have taken an invigorated approach to antitrust under the Biden administration, targeting companies for...
Hace 4 días · Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns. Paul Sawers. 8:05 AM PDT • May 24, 2024. Comment. Image Credits: SOPA Images / Contributor...
Hace 8 horas · Big Tech, understandably, doesn’t want this to happen. Reuters today reported on a letter sent by the U.S.-India Business Council to the Indian government, arguing that “targeted companies are ...
Hace 5 días · Pavages Maska Inc. has been ordered to pay a $100,000 fine for its involvement in a bid-rigging scheme related to paving contracts in the Granby region of Québec. The contracts were awarded by the ministère des Transports du Québec between 2008 and 2009.
Hace 1 día · An anti-competitive agreement was one that would have the necessary ability to undermine the marketability and fundamentals. Bid Rigging is fundamentally an unlawful practice where the contending parties intrigue with one another to decide the champ in a bid. Whenever there is seen that the bidders coordinate, then, at that point, the costs are demonstrated to be manipulated which is viewed as ...
Hace 5 días · With the establishment of the Procurement Collusion Strike Force in 2019, the Antitrust Division sharpened its focus on detecting and prosecuting criminal conspiracies—whether through rigged bids, fixed prices, allocated markets or attempts to monopolize—which reduce competition for projects funded by federal tax dollars.
