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Tag: Justice Department

Apple accused of counter-revolutionary pricing in Russia | The Register

Apple accused of counter-revolutionary pricing in Russia | The Register

Russia’s anti-monopoly regulator has taken a bite out of Apple, finding that Cupertino’s local outpost fixed iPhone prices in the country. The Federal Antimonopoly Service’s (FAS) investigation found that the company fixed iPhone 5 and iPhone 6 products in the retail supply chain. Not only does the FAS say Apple set retail prices for 16 […]

Apple piles on Qualcomm, files $1 billion lawsuit over chipset pricing and tactics | disruptive.asia

Apple piles on Qualcomm, files $1 billion lawsuit over chipset pricing and tactics | disruptive.asia

REUTERS – Apple filed a $1 billion lawsuit against supplier Qualcomm on Friday, days after the US government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. Qualcomm is a major supplier to both Apple and Samsung Electronics for modem chips that connect phones to […]

Earth City company ICP Medical pays $4 million to settle pricing, sourcing allegations | St. Louis Business Journal

Earth City company ICP Medical pays $4 million to settle pricing, sourcing allegations | St. Louis Business Journal

Government contractor ICP Medical, based in Earth City, Missouri, has signed a civil settlement agreement and paid $4 million to resolve allegations involving submittal of false claims for medical items to the U.S. Department of Veterans Affairs (VA) and the U.S. Department of Defense (DoD). ICP allegedly made false disclosures to the VA and the […]

Deloitte pays $11M to settle False Claims allegation | Federal Times

Deloitte pays $11M to settle False Claims allegation | Federal Times

One of the largest federal consulting practices agreed to settle a False Claims Act brought by the General Services Administration for allegations the vendor failed to lower prices on its IT services contracts despite changes in the commercial marketplace. Deloitte Consulting LLP — which holds several contracts on GSA schedules, including IT Schedule 70 — was accused […]

It’s over for Apple: Supreme Court denies certiorari in e-book pricing case | I Love My Kindle

It’s over for Apple: Supreme Court denies certiorari in e-book pricing case | I Love My Kindle

The tradpubs made a crucial strategic error Here was the situation: Amazon entered the very marginal e-book market (Sony was in it, but not much was happening in the USA with e-books) in 2007. Part of their strategy was to promote that most bestsellers and new releases would be under $10…considerably less than the hardback […]

Supreme Court Declines to Hear Apple’s Appeal in E-Book Pricing Case | The New York Times

Supreme Court Declines to Hear Apple’s Appeal in E-Book Pricing Case | The New York Times

WASHINGTON — The Supreme Court on Monday refused to review an appeals court’s determination that Apple had conspired with book publishers to raise the prices of digital books. The court’s order, which following custom was issued without any accompanying explanation, puts into effect a $450 million settlement that Apple had agreed to pay if it […]

Bloomingdale’s, Macy’s Accused of Massive False Pricing Scheme | The Fashion Law

Bloomingdale’s, Macy’s Accused of Massive False Pricing Scheme | The Fashion Law

A new trend in fashion is emerging and it is not slip dresses as outerwear. No, the new trend centers on consumers filing lawsuits against brands and retailers for fixing retail prices in a way that is misleading. On the heels of a lawsuit filed against Kate Spade for falsely advertising original prices and corresponding […]

Whole Foods Will Pay $500,000 to End New York Pricing Investigation | Bloomberg Business

Whole Foods Will Pay $500,000 to End New York Pricing Investigation | Bloomberg Business

Whole Foods Market Inc. agreed to pay $500,000 to settle an investigation that it overcharged customers for prepackaged food in New York City, resolving a spat that had hurt efforts to shed its “Whole Paycheck” image. The company said that there was no evidence of “systematic or intentional misconduct” but agreed to pay the fine […]

WA electricity retailer Synergy accused of misusing market power | Australian Broadcasting Corporation

WA electricity retailer Synergy accused of misusing market power | Australian Broadcasting Corporation

ERM urged the State Government to take action to ensure both Synergy’s customers and competitors were offered the same prices. In the absence of such action, ERM threatened to take the matter to the Australian Competition and Consumer Commission. “ERM would prefer that the Government intervene to resolve and correct this anti-competitive behaviour, without the […]

First predatory pricing case before the Competition Tribunal | African Antitrust & Competition Law

First predatory pricing case before the Competition Tribunal | African Antitrust & Competition Law

THE DIFFICULTY TO PROVE A PREDATORY PRICING CONDUCT For the first time in the sixteen years in which the new Competition Act has been in operation,[2] the Tribunal assessed a predatory pricing conduct. A predatory pricing behavior means that prices or rates are not market related but below what would be expect to be a […]