The United States (US) Department of Justice (DoJ) antitrust division has released a statement (7 February 2014) on its decision to close its investigation into Samsung Electronics Co Ltd's (Samsung) use of certain patents known as standards-essential patents (SEPs) so as to "exclude certain Apple Inc products from the US market", despite having committed to licensing the SEPs to industry participants on non-discriminatory terms.
The European Commission (EC) has announced that it has issued fines totalling more than €114 million after finding that four plastic foam manufacturing firms formed a cartel to "coordinate the sales prices of various types of foam".
The United States (US) Department of Justice (DoJ) has announced that Japan-based Diamond Electric Mfg Co Ltd's (Diamond Electric) former president Shigehiko Ikenaga and former vice president Tatsuo Ikenaga are to serve prison terms after agreeing to plead guilty to participating in an international conspiracy to fix the prices of ignition coils installed in Ford- Toyota- and Subaru-branded cars sold in the US and elsewhere.
The European Commission (EC) has made available Competition policy for the post-crisis world: A perspective, a speech delivered by EC vice president responsible for competition policy Joaquín Almunia in Belgium on 17 January 2014 on the occasion of the College of Europe Global Competition Law Centre's tenth anniversary.
The United States (US) Department of Justice (DoJ) has announced that Japan-based car parts manufacturer Koito Manufacturing Co Ltd (Koito) has agreed to pay criminal penalties totalling US$56.6 million and plead guilty to a two-count felony charge relating to price fixing.
Wells Fargo & Co (Wells Fargo) has asked its staff to refrain from lending their own money using peer-to-peer (P2P) loan platforms. Reportedly, the request follows the United States-based bank's ethics administrators conclusion that "for-profit [P2P] lending is a competitive activity that poses a conflict of interest".
The United Kingdom Office of Fair Trading (OFT) has announced that Hamsard 3149 Ltd (Hamsard) has agreed to pay a penalty of £387,856 following OFT findings of a cartel arrangement involving Hamsard subsidiaries and also Celesio AG subsidiary Lloyds Pharmacy Ltd (Lloyds).
The European Commission (EC) has announced that it has fined United States-based Johnson & Johnson (J&J) €10.8 million and Switzerland-based Novartis €5.5 million after finding that subsidiaries of the two pharmaceutical companies breached European Union antitrust rules by concluding "an anticompetitive agreement to delay the market entry of a cheaper generic version of the pain-killer fentanyl in the Netherlands".
The Australian Competition and Consumer Commission (ACCC) has announced that the Federal Court of Australia has handed down its judgment in Australian Competition and Consumer Commission v Flight Centre Limited (No 2)  FCA 1313 (6 December 2013).
The Australian Competition and Consumer Commission (ACCC) has announced that the ACCC and the Australian Securities and Investments Commission (ASIC) have jointly released FairStore (11 November 2013), a best practice guide for retailers serving remote and Indigenous Australian communities.
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