Tag Archives: sherman act

American Airlines and JetBlue Alliance Blocked

The U.S. Court of Appeals for the First Circuit last Friday affirmed the U.S. District Court for the District of Massachusetts’ ruling in favor of the Justice Department and the Attorneys General of six states and the District of Columbia in their civil antitrust lawsuit to stop the Northeast Alliance between American Airlines and JetBlue. Continue reading

Posted in aviation, customer satisfaction, litigation, news, news analysis, transportation | Tagged , , , , , , , , , , , | Leave a comment

Japanese Auto Parts Maker Showa Guilty of Price Fixing

Showa Corp., an automotive parts manufacturer based in Saitama, Japan, will plead guilty and pay a $19.9 million criminal fine for its role in a price fixing conspiracy. Continue reading

Posted in auto news, fools 'n frauds, litigation | Tagged , , , , | Leave a comment

Two Fujikura Executives Indicted for Price Fixing

A federal grand jury in Detroit returned an indictment against two Fujikura Ltd. executives for their roles in an international conspiracy to fix prices of auto parts used in automotive wire harnesses sold to Subaru and installed in U.S. cars. Continue reading

Posted in fools 'n frauds, litigation | Tagged , , , , , | Leave a comment

Tokyo Based Fujikura Guilty of Auto Parts Price Fixing

To date, including Fujikura, eight executives and five companies have been charged and have pled guilty in the department’s ongoing antitrust investigation into the auto parts industry. Three of the companies have pleaded guilty and have been sentenced to pay criminal fines totaling more than $748 million. Seven of the executives have pleaded guilty and have been sentenced to serve a total of more than 122 months in jail. Continue reading

Posted in auto news, fools 'n frauds, litigation, people, prices | Tagged , , , , , , , , | Leave a comment

G.S. Electech Guilty of Price Fixing Auto Parts

Including G.S. Electech, eight executives and four companies have now been charged and have agreed to plead guilty in the ongoing price fixing investigation so far. Three of the companies have pleaded guilty and have been sentenced to pay criminal fines totaling more than $748 million. Seven of the executives have pleaded guilty and have been sentenced to serve a total of more than 122 months in jail. Continue reading

Posted in auto news, litigation, news, results | Tagged , , , , , , , , | Leave a comment