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October 6, 2008 5:54:03 PM CDT


Stories related to: monopolistic practices

Stories

3 Stories

  • September 2008
    • Feds Dig Into Price-Fixing by Egg, Tomato Processors

      Feds Dig Into Price-Fixing by Egg, Tomato Processors

      (Newser) - The Justice Department is investigating allegations of price-fixing by tomato and egg processors, the Wall Street Journal reports today. California processor SK Foods is facing allegations it bribed buyers at six companies to pay inflated prices for tomato paste and chili peppers. Tomato prices have surged 16% over the past year, while overall food prices have risen only 6%. More »

      Tags

      FBI   tomatoes   Justice Department   eggs   price fixing   federal prosecution   monopolistic practices   egg

  • June 2008
    • FTC Opens Antitrust Investigation of Intel

      FTC Opens Antitrust Investigation of Intel

      (Newser) - The FTC has opened a formal investigation of Intel over allegations of monopolistic business practices, the Wall Street Journal reports. The world's biggest semiconductor company, which denies any wrongdoing, received a subpoena this week. Intel also learned that it faces a $25.4 million antitrust fine from South Korea, even as it prepares to fight competitor AMD’s private antitrust lawsuit in Delaware’s District Court. More »

      Tags

      South Korea   Intel   antitrust   competition   microprocessors   monopoly   Advanced Micro Devices   monopolistic practices

  • January 2008
    • Diamonds Are a Girl's Best Refund

      Diamonds Are a Girl's Best Refund

      (Newser) - If you bought a diamond—any diamond—between 1994 and 2006, De Beers owes you money. The jewelry behemoth recently settled a class-action lawsuit that accused it of driving up diamond prices with monopolistic practices. To compensate, it will pay consumers up to 59% of their bling’s original price. But there are catches aplenty, the Chicago Tribune reports. More »

      Tags

      lawsuit   settlement   class action   jewelry   diamond   De Beers   monopolistic practices

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