Tag: Lawsuit

Price setting software could breach competition law | Business Insider

Price setting software could breach competition law | Business Insider

Businesses using high-tech optimisation tools to analyse data and prices could inadvertently end up in breach of competition laws by swapping key information with competitors, a leading lawyer has warned. Michael Dean, a partner in the competition team at the Glasgow office of global law firm Dentons , said that this increasingly popular software – […]

Liquidation Deals Aren’t Always What They Seem | CBS Minnesota

Liquidation Deals Aren’t Always What They Seem | CBS Minnesota

A Craftsman riding mower was listed as 10 percent off for liquidation, priced at $1,889. But buyers could’ve saved $300 more dollars by purchasing it the week before, when the sale price had it listed for $1,499. It was a similar story for a Craftsman push mower. Sears’ current liquidation price: $450. Before liquidation, the […]

Bumble Bee CEO indicted on charge he fixed canned tuna price | Yahoo!

Bumble Bee CEO indicted on charge he fixed canned tuna price | Yahoo!

SAN FRANCISCO (AP) — U.S. prosecutors filed a criminal charge Wednesday against the CEO of Bumble Bee Foods as part of an ongoing investigation into price fixing in the packaged seafood industry. A grand jury in San Francisco indicted Christopher Lischewski on one count of price fixing, alleging that from November 2010 to December 2013 […]

Qualcomm is fined for anti-competitive practices—again | A fine habit

Qualcomm is fined for anti-competitive practices—again | A fine habit

Qualcomm’s pricing strategy, too, has won it few friends in recent years. Most contentious is the way in which it licenses its intellectual property to device-makers, charging them a percentage of the total selling price of their devices. Apple alleges that such royalties act as a tax on any innovative features it adds to its […]

HarperCollins settles over Jobs’ cartel | FudZilla

HarperCollins settles over Jobs’ cartel | FudZilla

A rather nasty chapter in Steve Jobs’ biography has finally drawn to a close after publisher HarperCollins has agreed to donate $120,000 in books as part of a settlement with a Canadian law enforcement agency. For those who came in very late,  Apple’s messiah Steve Jobs arranged a pricing cartel which jacked up the prices […]

Law firm that extracted $450M settlement in Apple e-books case is going after company for throttling iPhones | Apple Insider

Law firm that extracted $450M settlement in Apple e-books case is going after company for throttling iPhones | Apple Insider

Hagens Berman, the consumer rights law firm that successfully obtained a $450 million settlement from Apple over e-book price fixing, once again has the tech giant in its sights, and on Friday filed a class-action lawsuit over the iPhone throttling debacle. In a suit filed with the U.S. District Court for the Northern District of […]

California Burlington Coat Factory Deceptive Pricing Class Action Settlement | Top Class Actions

California Burlington Coat Factory Deceptive Pricing Class Action Settlement | Top Class Actions

Burlington Coat Factory of California LLC has agreed to settle a class action lawsuit alleging it used deceptive “Compare” reference prices on price tags which led customers to believe they were receiving a bargain over the same merchandise sold at other retailers. If you purchased items from a Burlington Coat Factory store in California or […]

Florida probes Tyson Foods, Pilgrim’s Pride on chicken pricing | Reuters

Florida probes Tyson Foods, Pilgrim’s Pride on chicken pricing | Reuters

Top U.S. chicken companies Tyson Foods Inc (TSN.N) and Pilgrim’s Pride Corp (PPC.O) said on Monday that Florida’s attorney general sought information from them regarding a probe into possible anticompetitive behavior, widening a legal review into chicken pricing. Florida Attorney General Pam Bondi’s office has opened an investigation into allegations made in civil lawsuits, filed […]

Tyson says SEC is investigating chicken-pricing allegations | Chicago Tribune

Tyson says SEC is investigating chicken-pricing allegations | Chicago Tribune

Accusations of collusion that have dogged the American chicken industry in recent months took a new turn after Tyson Foods, the country’s largest producer, said the U.S. Securities and Exchange Commission is investigating the allegations and sent it a subpoena. The company said Monday in a filing that based upon the limited information it has, […]

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 […]