Amazon is facing a new legal hurdle with a lawsuit accusing the company of breaking its promises not to retaliate against third-party sellers.
Apple to Pay $450M in e-book Price Fixing Case
In 2013, a US Federal judge ruled that Apple conspired with major publishers to raise prices on e-books following the launch of the iBookstore. Now, a US Circuit Court of Appeals has upheld the decision. In a 2-to-1 ruling, the…
Bridgestone Executive Jailed For Price Fixing
Bridgestone executive Yusuke Shimasaki this week pleaded guilty to charges related to an international car part price-fixing and bid-rigging conspiracy. Two other Bridgestone executives, Yasuo Tyuto and Isao Yoshida, were also indicted this week for their roles in the conspiracy.…
Bridgestone fined $425 Million For Price Fixing
The U.S. Department of Justice today announced that Bridgestone Corp has agreed to plead guilty to charges related to automotive industry price fixing. The company will pay a $425 million fine for colluding to artificially raise prices on certain rubber…
Justice Department Takes Apple To Court Today Over E-Book Price Fixing Allegations
Over a year ago, Apple and a bunch of publishers were sued by the Department of Justice on allegations of e-book price fixing. Every publisher since then has settled, but Apple has decided to fight it out in court. But…