Items tagged with DoJ

Panasonic and its subsidiary Sanyo (by way of a 50.2 percent stake in the company) both pleaded guilty in separate price fixing allegations involving automotive parts and battery cells, the United States Department of Justice announced this week. The two firms will pay a total of $56.5 million in criminal fines, while... Read more...
The U.S. Department of Justice is seeking a $1 billion criminal fine against AU Optronics for its alleged involvement in a liquid crystal display (LCD) price fixing scheme that took place from 2001 to 2006. In addition to the hefty company fine, the DoJ also wants two convicted company executives to each serve 10... Read more...
The Internet is still something of a wild frontier, where everything is growing and evolving fast, but the rules are still being written and shootouts between companies are general practice. It’s grown so much that it’s gradually invading just about every other market sector, from phone service to retail and more. The TV industry... Read more...
When the Department of Justice and Microsoft hammered out the terms of their agreement in 2001, one of the strictures was that the software giant would be subject to official DOJ oversight for a period of five years. In 2006, the DoJ opted to extend the term another five years, but the government body won't be doing the same thing again. On... Read more...
Wow, this is odd. According to a new report today from the United States Department of Justice, six very well recognized silicon valley companies are have their hands slapped by a very powerful entity. The DoJ has mandated that six companies stop entering into anti-competitive employee solicitation agreements, which... Read more...
Uncle Sam doesn't like it when you try to pull one over on him, and that's something Hewlett Packard had to go and find out the hard way. After standing accused of offering kickbacks to systems integrator companies in exchange for recommending HP products to U.S. agencies, the OEM has agreed to fork over $55 million to put the whole incident... Read more...
Bad boys, bad boys, whatcha you gonna do? Whatcha gonna do when the U.S. Department of Justice slaps you silly for conspiring to fix prices of LCD panels on a global scale? So maybe the actual theme song goes a little differently than that, but we have an answer to the question nonetheless. When the DoJ lobs a legal backhand your way for bending... Read more...
The Department of Justice approved Verizon Wireless’ $28 billion purchase of Alltel, but the deal is subject to a few stipulations. More specifically, Verizon Wireless will be required to divest wireless assets in 100 markets encompassing 22 states. The sale of assets doesn’t mean Verizon Wireless will lose service in the areas affected by... Read more...
The Department of Justice has been hounding Microsoft for years over anti-trust issues of one sort or another, not to mention the major case in the late '90s that had people wondering if MS was going to be broken into several smaller operating units.  Apparently that's all changed: "Nearly a decade after the government began its landmark... Read more...
Prev 1 2