The tribunal has the power to both subpoena evidence and fine companies 10% of their annual turnover for pricefixing
or illegal anti-competitive behaviour.
The OFT's Ann Pope said: "The OFT takes allegations of pricefixing
China has fined six mostly foreign baby formula companies a total of $108mn for pricefixing
, the government said yesterday, in reportedly the country's biggest-ever anti-trust penalty.
IF the fuel companies under investigation for possible pricefixing
are found guilty, then I hope they get a suitable punishment.
332, 352-53 (1982) (finding a pricefixing
scheme by a physician's association unlawful, in part because the prices were fixed by the doctors themselves).
Let's stipulate that there may have been some manner of pricefixing
here, perhaps even arranged in "private rooms for dinner in upscale Manhattan restaurants," as the complaint darkly charged.
However, when it comes to behavioral enforcement aimed at stomping out anti-competitive practices such as pricefixing
and monopolization, the MOU could mean more scrutiny and pressure on companies.
Counter-fraud work ranges from issuing penalty notices as a result of patients falsely claiming prescription charges to the multi-million-pound claims against drug companies for alleged pricefixing
143) Corporate executives jailed in the electrical pricefixing
conspiracy of the early 1960s stated that incarceration had profoundly affected their lives.
IN THE early 1990s, family man Mark Whitacre decided to blow the whistle on a global pricefixing
scam in the agricultural industry.
Based on a true story, the movie tells how a corporation high flier called Mark Whitacre suddenly decides to tell all about his company's involvement in a global pricefixing
In a well-known (to those of us in antitrust) 1980 case, the Tokyo High Court convicted several oil executives of criminal pricefixing