News tagged with cartel

EU launches probe into suspected chipmaker cartel

EU anti-trust authorities announced on Monday a formal cartel probe into smartcard chipmakers—the motors for everything from bank and mobile SIM cards to electronic ID papers, after talks aimed at securing an amicable settlement ...

dateApr 22, 2013 in Business
shares0 comments 0

US demanding harsh penalties for price fixers (Update)

(AP)—The U.S. Department of Justice is demanding that a Taiwanese company pay a $1 billion fine and two former top executives each serve 10 years in prison for their central roles in what prosecutors called the most serious ...

dateSep 20, 2012 in Business
shares0 comments 1