European authorities have raided the offices of oil majors Shell, BP and Statoil as part of a probe into suspected manipulation of prices, one of the biggest cross-border actions since the Libor...
- Mon
- May 20, 2013
- Updated: 10:45am
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China has imposed penalties totalling 353 million yuan (HK$434 million) on six manufacturers of flat panel screens, including Samsung and LG Display, for fixing prices.
The 353 million yuan (HK$439 million) penalty the National Development and Reform Commission (NDRC) slapped on a price cartel of six Taiwanese and South Korean makers of liquid crystal displays...
Cathay Pacific Airways agreed to pay a fine of A$11.75 million (HK$95.5 million) in an air cargo price-fixing case in Australia.
The Federal Court of Australia approved the settlement...
Small and medium-sized businesses say the government's draft competition law lacks detail and needs more clarity before they will back it, according to the city's leading business chamber.
...Businesses resent competition. Supermarket chains want to be the only ones roping in consumers. Internet service providers, investment banks, airlines, law firms and many others seek to impose...
Hong Kong should introduce anti-price-fixing laws to discourage cartels, according to the first competition study commissioned by the government.
Complaints against phone companies have soared 80 per cent in the past year.
Customers say they are being cheated by IDD and mobile phone 'specials', the Consumer Council said...
Shipping construction firms from Texas, the Netherlands and Belgium have agreed to pay the US Government a total of US$65 million in fines for conspiring to fix prices on bids, the Justice...
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