Easy Feed Editor Antitrust Division: Press Releases Press releases issued by the Antitrust Division. http://www.justice.gov/atr/public/press_releases/2011/index.html en-us Fri, 11 May 2012 22:08:48 GMT Three Former Financial Services Executives Convicted for Roles in Conspiracies Involving Investment Contracts for the Proceeds of Municipal Bonds A federal jury in New York City today convicted threeformer financial services executives for their participation in conspiracies related to bidding for contracts for the investment of municipal bond proceeds and other municipal finance contracts, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/283187.htm 177f4cdd-386b-40d1-8edc-bad2bb3a1bbf Fri, 11 May 2012 22:08:44 GMT Hyosung Corporation Executive Agrees to Plead Guilty to Obstruction of Justice for Submitting False Documents in an ATM Merger Investigation An executive of South Korean-based Hyosung Corporation has agreed to plead guilty and to serve time in a U.S. prison for obstruction of justice charges in connection with an automated teller machine (ATM) merger investigation conducted by the Antitrust Division, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2012/282873.htm 960e0b14-c734-4ee7-9ef1-c9a56a2c2fe3 Thu, 03 May 2012 15:55:12 GMT National Express and Petermann to Sell Off School Bus Contracts in Texas and Washington to Resolve Antitrust Concerns In order to resolve antitrust concerns, National Express Corporation and Petermann Partners Inc. will divest several school bus contracts and associated assets in the states of Washington and Texas in order to proceed with their proposed merger, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2012/282768.htm 2d535f5c-0603-4edc-a704-a3b0622c9b77 Mon, 30 Apr 2012 22:22:15 GMT Hitachi-LG Data Storage Inc. Executive Agrees to Plead Guilty for Participating in Bid-Rigging Conspiracies Involving Optical Disk Drives An executive of Korean-based Hitachi-LG Data Storage Inc. (HLDS) has agreed to plead guilty and to serve time in a U.S. prison for his participation in a series of conspiracies to rig bids for the sale of optical disk drives, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2012/282742.htm a17b459b-f7ac-400f-bf6e-e754d619d300 Mon, 30 Apr 2012 18:47:20 GMT Alabama Real Estate Investor Agrees to Plead Guilty to Conspiracies to Rig Bids and Commit Mail Fraud for the Purchase of Real Estate at Public Foreclosure Auctions An Alabama real estate investor has agreed to plead guilty and to serve one year in prison for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in southern Alabama, the Department of Justice announced today. 

]]> http://www.justice.gov/atr/public/press_releases/2012/282703.htm bd9da248-29e4-4a3d-9f43-3ab70233e952 Fri, 27 Apr 2012 20:50:15 GMT Two Northern California Real Estate Investors Agree to Plead Guilty to Bid Rigging at Public Foreclosure Auctions (Corrected) Two northern California real estate investors have agreed to plead guilty for their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in northern California, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/282658.htm 368ea9e7-f635-4960-820f-478b1fd460c7 Fri, 27 Apr 2012 18:51:46 GMT DENSO Corporation Executive Agrees to Plead Guilty to Automobile Parts Price-Fixing and Bid-Rigging Conspiracy An executive of Japanese-based DENSO Corporation has agreed to plead guilty and to serve 14 months in a U.S. prison for his role in a conspiracy to fix prices and rig bids for heater control panels (HCPs) installed in U.S. cars, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2012/282656.htm a7218574-1b1d-43b1-940a-c674b534b641 Thu, 26 Apr 2012 18:11:33 GMT Fujikura LTD. Agrees to Plead Guilty to Price Fixing on Auto Parts Installed in U.S. Cars Tokyo-based Fujikura Ltd. has agreed to plead guilty and to pay a $20 million criminal fine for its role in a conspiracy to fix prices of automotive wire harnesses and related products installed in U.S. cars, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2012/282538.htm 3d4bb7fa-048a-454a-98c6-176c885946f6 Mon, 23 Apr 2012 21:59:47 GMT Remarks as Prepared for Delivery By Acting Assistant Attorney General for the Antitrust Division Sharis A. Pozen at the Brookings Institution My time at the division has been a remarkable experience and I welcome this opportunity—during my last week as Acting Assistant Attorney General—to highlight the division’s great work and achievements on behalf of American consumers.

]]> http://www.justice.gov/atr/public/press_releases/2012/282517.htm 5939cd32-a586-4292-b8a2-87c865aa1da3 Mon, 23 Apr 2012 18:53:03 GMT New Jersey Financial Investor and His Company Plead Guilty to Bid Rigging at Municipal Tax Lien Auctions A financial investor who purchased municipal tax liens at auctions in New Jersey, as well as a company in which he was a partner, pleaded guilty today for their roles in a conspiracy to rig bids for the sale of tax liens auctioned by municipalities throughout the state, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/282510.htm fa21af1e-e83d-4314-aa6a-808d4d79c88d Mon, 23 Apr 2012 17:00:42 GMT International Competition Network Launches New Initiatives on Enforcement Cooperation, Investigative Process and Working with the Courts The International Competition Network (ICN) launched and approved three new initiatives on international enforcement cooperation, the investigative process in competition cases and working with the courts, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2012/282485.htm c6380583-1fda-4c32-b28f-4f021ca03b7a Fri, 20 Apr 2012 22:47:24 GMT Alabama Real Estate Investor Agrees to Plead Guilty to Conspiracies to Rig Bids and Commit Mail Fraud for the Purchase of Real Estate at Public Foreclosure Auctions An Alabama real estate investor has agreed to plead guilty and to serve prison time for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in southern Alabama, the Department of Justice announced today. 

]]> http://www.justice.gov/atr/public/press_releases/2012/282481.htm 6af967c4-e198-4a98-9558-1e2422518933 Fri, 20 Apr 2012 20:52:10 GMT Former Executive of New York-Based Tax Liens Company Pleads Guilty to Bid Rigging at Municipal Tax Lien Auctions in New Jersey A former executive of a New York-based tax lienscompany who supervised the purchasing of municipal tax liens at auctions in New Jersey pleaded guilty today for his role in a conspiracy to rig bids for the sale of tax liens auctioned by municipalities throughout the state, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/282315.htm 4559d540-616e-4772-82e4-ae2595b8145f Tue, 17 Apr 2012 16:56:22 GMT Justice Department Reaches Settlement with Three of the Largest Book Publishers and Continues to Litigate Against Apple Inc. and Two Other Publishers to Restore Price Competition and Reduce E-Book Prices Department Settles with Hachette, HarperCollins and Simon & Schuster; Litigates Against Apple, Macmillan and Penguin to Prevent Continued Restrictions on Price Competition.

]]> http://www.justice.gov/atr/public/press_releases/2012/282133.htm 6229348d-3db9-412e-8e24-1f8a90ec726e Wed, 11 Apr 2012 17:08:39 GMT Former Antitrust Division Assistant Attorney General James F. Rill Receives the Justice Department's 2012 John Sherman Award Attorney General Eric Holder presented the 2012 John Sherman Award to James F. Rill for his lifetime contributions to the development and enforcement of antitrust law and the advancement of antitrust policy internationally. 

]]> http://www.justice.gov/atr/public/press_releases/2012/282079.htm 297f9c60-3da1-4b98-a219-d7549acdbbfa Tue, 10 Apr 2012 19:12:30 GMT Statement of the Department of Justice's Antitrust Division on Its Decision to Close Its Investigation of Highmark's Affiliation Agreement with West Penn Allegheny Health System The Department of Justice’s Antitrust Division issued the following statement today after announcing the closing of its investigation into Highmark’s affiliation agreement with West Penn Allegheny Health System (WPAHS). 

]]> http://www.justice.gov/atr/public/press_releases/2012/282076.htm 0d152d6a-077c-4fe0-8c34-15d910976a96 Tue, 10 Apr 2012 17:26:39 GMT Former Executive of Miami-Based Ocean Bank Sentenced to Serve 37 Months in Prison for Participating in Bribery Scheme and Filing False Tax Returns A former executive of Ocean Bank, a financial institution headquartered in Miami, was sentenced today for participating in a scheme to accept bribes and for failing to report income on federal income tax returns, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/281927.htm 0069404d-535d-4769-88f1-2865f8673d30 Wed, 04 Apr 2012 17:24:58 GMT G.S. Electech Agrees to Plead Guilty to Price Fixing on Auto Parts Installed in U.S. Cars Toyota City, Japan-based G.S. Electech Inc. has agreed to plead guilty and to pay a $2.75 million criminal fine for its role in a conspiracy to fix the prices of auto parts used on antilock brake systems installed in U.S. cars, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2012/281867.htm ce12e6b3-a7e1-4121-8dea-3417b3d6ca7a Tue, 03 Apr 2012 16:02:36 GMT Antitrust Division Issues 2012 Edition of Its Annual Newsletter The Department of Justice's Antitrust Division today issued the 2012 edition of its annual newsletter on its website.

]]> http://www.justice.gov/atr/public/press_releases/2012/281682.htm bccd8a51-19e6-4822-b619-ca7e1fab9beb Wed, 28 Mar 2012 13:51:14 GMT New York Financial Investor Pleads Guilty to Bid Rigging at Municipal Tax Lien Auctions in New Jersey A financial investor who purchased municipal tax liens at auctions in New Jersey pleaded guilty today for his role in a conspiracy to rig bids for the sale of tax liens auctioned by municipalities throughout the state, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/281630.htm 5f3bbfaf-a76b-4b01-a906-8807aa52f5a6 Tue, 27 Mar 2012 17:11:12 GMT Justice Department Requires Divestitures in Humana Inc.'s Acquisition of Arcadian Management Services Inc. The Department of Justice today announced that it will require Humana Inc. and Arcadian Management Services Inc. to divest assets relating to Arcadian's Medicare Advantage business in parts of five states in order for Humana to proceed with its acquisition of Arcadian.

]]> http://www.justice.gov/atr/public/press_releases/2012/281616.htm f6bbd283-303f-47f1-ad26-0978847ba9c3 Tue, 27 Mar 2012 17:10:43 GMT DENSO Corporation Executive Agrees to Plead Guilty to Price Fixing and Bid Rigging on Auto Parts Installed in U.S. Cars An executive of Japan-based DENSO Corporation, has agreed to plead guilty and to serve time in prison for his role in a conspiracy to fix prices and rig bids for heater control panels (HCPs) installed in U.S. cars, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2012/281569.htm 3da65755-a21b-4d06-9dd6-3293692a5f20 Mon, 26 Mar 2012 18:30:53 GMT SK Foods Former Owner and CEO Scott Salyer Pleads Guilty to Racketerring and Price Fixing in California Frederick Scott Salyer, 56, of Pebble Beach, Calif., pleaded guilty today to racketeering and price fixing, U.S. Attorney Benjamin B. Wagner announced. Salyer entered his plea before U.S. District Judge Lawrence K. Karlton. 

]]> http://www.justice.gov/atr/public/press_releases/2012/281505.htm 00530e04-bd77-4558-aed1-f5f4d916f33d Fri, 23 Mar 2012 19:50:47 GMT Former Employee of Nursing Home Company Operating in North Carolina and Virginia Pleads Guilty to Kickback Schemes and Tax Evasion The former director of corporate maintenance and renovations at Medical Facilities of America Inc. (MFA) pleaded guilty today to accepting kickbacks and evading taxes, the Department of Justice announced. 

]]> http://www.justice.gov/atr/public/press_releases/2012/281091.htm 579b17ba-19cf-44b4-8ac5-4eb6c668d9fb Wed, 14 Mar 2012 20:18:11 GMT Taiwan-Based AU Optronics Corporation, Its Houston-Based Subsidiary and Former Top Executives Convicted for Role in LCD Price-Fixing Conspiracy Following an eight-week trial, a federal jury in San Francisco today convicted the largest Taiwan liquid crystal display (LCD) producer, its Houston-based subsidiary and their two former top executives for their participation in a five-year conspiracy to fix the prices of thin-film transistor-liquid crystal display (TFT-LCD) panels sold worldwide, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/281032.htm 7c07a4bf-6c97-43c5-8f2a-0dd170448129 Tue, 13 Mar 2012 23:30:07 GMT Former Department of Veterans Affairs Official Sentenced to Serve 60 Months in Prison for Conspiracy and Wire Fraud The former associate director of the Department of Veterans Affairs (VA) Consolidated Mail Outpatient Pharmacy in Hines, Ill., his wife and their temporary staffing company were sentenced today for their participation in a conspiracy to defraud the VA and the Small Business Administration (SBA), the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/280870.htm ccb8de8d-51a3-4482-8616-3ace4c416d2a Wed, 07 Mar 2012 22:44:03 GMT Former Chairman of Taiwan Aftermarket Auto Lights Manufacturer Agrees to Plead Guilty in Price-Fixing Conspiracy The former chairman of a Taiwan aftermarket auto lights manufacturer has agreed to plead guilty for his participation in an international conspiracy to fix the prices of aftermarket auto lights, the Department of Justice today announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/280490.htm 1bad7af6-b19f-48c2-a1e6-f12e48e94d1e Fri, 24 Feb 2012 23:21:49 GMT California Investor Pleads Guilty to Bid Rigging and Fraud at Public Real Estate Foreclosure Auctions A real estate investor pleaded guilty today in U.S. District Court in Sacramento to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, Calif., Sharis A. Pozen, Acting Assistant Attorney General of the Department of Justice’s Antitrust Division, and Benjamin B. Wagner, U.S. Attorney for the Eastern District of California, announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/280487.htm fb196521-5d40-4265-ac1d-10bde8ff31e8 Fri, 24 Feb 2012 21:37:41 GMT Two Financial Investors Plead Guilty to Bid Rigging at Municipal Tax Lien Auctions in New Jersey Two financial investors who purchased municipal tax liens at auctions in New Jersey pleaded guilty today for conspiring to rig bids for the sale of tax liens auctioned by municipalities throughout the state, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/280451.htm eaa7acc1-7657-41de-b333-3afc8ff66344 Thu, 23 Feb 2012 18:26:44 GMT Justice Department Settlement Requires Gunnison Energy and SG Interests to Pay The United States a Total of $550,000 for Antitrust and False Claims Act Violations The Department of Justice today announced that it has reached a settlement with Gunnison Energy Corporation (GEC), SG Interests I Ltd. and SG Interests VII Ltd. (SGI) that requires the companies to pay a total of $550,000 to the United States for antitrust and False Claims Act violations related to an agreement not to compete in bidding for four natural gas leases sold at auction by the U.S. Department of Interior’s Bureau of Land Management (BLM).

]]> http://www.justice.gov/atr/public/press_releases/2012/280273.htm e09803aa-9493-4927-bdbb-758e707862eb Wed, 15 Feb 2012 22:36:02 GMT Statement of the Department of Justice's Antitrust Division on Its Decision to Close Its Investigations of Google Inc.'s Acquisition of Motorola Mobility Holdings Inc. and the Acquisitions of Certain Patents by Apple Inc., Microsoft Corp. and Research In Motion Ltd. The Department of Justice’s Antitrust Division issued a statement today after announcing the closing of its investigations into Google Inc.’s acquisition of Motorola Mobility Holdings Inc., the acquisitions by Apple Inc., Microsoft Corp. and Research in Motion Ltd. (RIM) of certain Nortel Networks Corporation patents, and the acquisition by Apple of certain Novell Inc. patents.

]]> http://www.justice.gov/atr/public/press_releases/2012/280190.htm 5fab35be-2ccf-4649-9188-f11f73781ce8 Mon, 13 Feb 2012 22:59:19 GMT Justice Department Requires Mill Divestitures in International Paper's Acquisition of Temple-Inland The Department of Justice announced today that it will require International Paper Company and Temple-Inland Inc. to divest three containerboard mills in order to proceed with their $4.3 billion merger.

]]> http://www.justice.gov/atr/public/press_releases/2012/280125.htm 6831f583-0d52-40f3-b2b6-e292ae34603d Fri, 10 Feb 2012 17:39:31 GMT Three Northern California Real Estate Investors Agree to Plead Guilty to Bid Rigging at Public Foreclosure Auctions Three Northern California real estate investors have agreed to plead guilty today for their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/280076.htm f8066b79-6796-4ef1-a28a-c8edc4a3f555 Thu, 09 Feb 2012 21:56:39 GMT Former Owner of Illinois Technology Company Sentenced to Serve 30 Months in Prison for Role in Multi-State Scheme to Defraud Federal E-Rate Program A former owner of two Illinois-based technology companies was sentenced today to serve 30 months in prison for her participation in a conspiracy to defraud the federal E-Rate program, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/280071.htm b575f0a0-3bdc-401d-ab64-d8f70169a97f Thu, 09 Feb 2012 18:39:28 GMT Justice Department Dismisses Antitrust Lawsuit Against Deutsche Borse and NYSE Euronext The Department of Justice today announced that it filed a notice with the U.S. District Court for the District of Columbia to dismiss its antitrust lawsuit regarding the potential merger of Deutsche Börse AG and NYSE Euronext.

]]> http://www.justice.gov/atr/public/press_releases/2012/280066.htm 2f8de744-ad8a-4e3e-8a51-0954ae7ae18b Thu, 09 Feb 2012 16:06:37 GMT Four Individuals and Three Corporations Convicted for Roles in Wire Fraud Conspiracy at New York Presbyterian Hospital A Manhattan jury today convicted four individuals and three corporations for their participation in an eight-year conspiracy, involving kickbacks in excess of $2 million, to defraud New York Presbyterian Hospital (NYPH), the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/279907.htm 50b321c8-f2f2-4851-8973-cad4873b1e7f Thu, 02 Feb 2012 22:59:44 GMT Virginia Contractor Sentenced to Serve 37 Months in Prison for Kickback Scheme and Failure to File Tax Return A Virginia contractor was sentenced today to serve 37 months in prison for participating in a scheme to steer contracts to him for repair, maintenance and renovation work at healthcare and nursing home facilities owned by Medical Facilities of America Inc. (MFA), the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/279792.htm 8c9ebcdb-ad5e-4412-b18e-c3ca8961ddf0 Tue, 31 Jan 2012 18:46:26 GMT Remarks as Prepared for Delivery by Acting Assistant Attorney General Sharis A. Pozen at the Briefing on Department's Enforcement Action in Auto Parts Industry Good afternoon and thanks so much for joining us. With me here today is Vida Bottom, Chief of the Public Corruption Civil Rights Section of the FBI’s Criminal Investigative Division. We are here to talk about the department’s second round of charges as a result of the department’s ongoing international cartel investigation of price fixing and bid rigging in the automobile parts industry.

]]> http://www.justice.gov/atr/public/press_releases/2012/279740.htm 4bc834e4-02f2-4d05-b793-2b5b8a6c7062 Mon, 30 Jan 2012 19:41:29 GMT Yazaki Corp., DENSO Corp. and Four Yazaki Executives Agree to Plead Guilty to Automobile Parts Price-Fixing and Bid-Rigging Conspiracies Two Japanese suppliers of automotive electrical components–Yazaki Corporation and DENSO Corporation–have agreed to plead guilty and to pay a total of $548 million in criminal fines for their involvement in multiple price-fixing and bid-rigging conspiracies in the sale of parts to automobile manufacturers in the United States, the Department of Justice today announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/279734.htm 1bb61252-da84-4a0f-ade4-602c4f4490dc Mon, 30 Jan 2012 19:40:31 GMT California Investor Pleads Guilty to Bid Rigging and Fraud at Public Real Estate Foreclosure Auctions A real estate investor pleaded guilty today in U.S. District Court in Sacramento to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, Calif., Sharis A. Pozen, Acting Assistant Attorney General of the Department of Justice’s Antitrust Division, and Benjamin B. Wagner, U.S. Attorney for the Eastern District of California, announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/279649.htm f34da89d-fcda-430f-9ea3-b86db919a3c4 Fri, 27 Jan 2012 21:19:17 GMT Former Owner of Florida-Based Airline Service Company Sentenced to Prison for Conspiring to Defraud Illinois-Based Ryan International Airlines A former owner and operator of a Florida-based airline services company was sentenced today to serve 24 months in prison and to pay restitution for conspiring to commit wire fraud and honest services fraud in a kickback scheme to defraud Ryan International Airlines, a charter airline company located in Rockford, Ill., the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/279634.htm 9b309fe0-94e0-4ec7-be07-ad5f53b7a856 Fri, 27 Jan 2012 18:41:52 GMT Former Executive of Miami-Based Ocean Bank Pleads Guilty to Participating in Bribery Scheme and to Filing False Tax Returns A former executive of Miami-based Ocean Bank pleaded guilty today in U.S. District Court in Miami to participating in a scheme to accept bribes and to failing to report the income on federal income tax returns, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/279581.htm 608da2f7-ee3b-4dc2-8702-2490da19f8cf Wed, 25 Jan 2012 21:36:06 GMT Former Employee and Contractor of Florida Property Management Company Plead Guilty to Wire Fraud A former residential sales manager and a former contractor at a Florida property management company pleaded guilty today to wire fraud in connection with housing repair contracts for the U.S. Department of Veterans Affairs (VA), the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/279567.htm 7d20d1ce-472f-45fd-918b-d86dd1808d25 Wed, 25 Jan 2012 17:39:00 GMT Acting Assistant Attorney General Pozen Announces Departure from Antitrust Division Acting Assistant Attorney General Sharis A. Pozen announced her resignation from the Department of Justice today, effective as of April 30, 2012.

]]> http://www.justice.gov/atr/public/press_releases/2012/279471.htm 6359af37-b99e-4f6b-ae73-8251fea76358 Tue, 24 Jan 2012 00:08:10 GMT New Jersey Pipe Supply Company and Owner Sentenced for Their Role in Fraud and Bribery Conspiracy in Power Generation Industry A New Jersey industrial pipe supply company and its owner were sentenced today for participating in a conspiracy to commit fraud and pay bribes to a purchasing manager at Consolidated Edison of New York (Con Ed) in return for the manager’s efforts to steer contracts to the company, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/279219.htm bee8969c-bc1f-454f-b510-255f8ff59c49 Tue, 17 Jan 2012 23:33:48 GMT Former Employee and Contractors of Florida Property Management Company Indicted in Illinois for Conspiracy to Commit Bribery and Wire Fraud A Rockford, Ill., grand jury today indicted a former residential sales manager and two former contractors of a Florida property management company in connection with housing repair contracts for the U.S. Department of Veterans Affairs (VA), the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/279214.htm 9bb02672-6fe9-4b76-bc49-60f0329692fb Tue, 17 Jan 2012 21:01:36 GMT CDR Financial Products Executive and Former Executive Plead Guilty in New York to Bid-Rigging and Fraud Conspiracies Related to Municipal Bond Investments An executive and a former executive of Rubin/Chambers, Dunhill Insurance Services, also known as CDR Financial Products, pleaded guilty today in the Southern District of New York for their participation in bid-rigging and fraud conspiracies related to contracts for the investment of municipal bond proceeds and other related municipal finance contracts, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2012/278967.htm 3c167a98-40e1-4660-bd65-854b95c5aa98 Mon, 09 Jan 2012 23:13:08 GMT CDR Financial Products and Its Owner Plead Guilty to Bid-Rigging and Fraud Conspiracies Related to Municipal Bond Investments A Beverly Hills, Calif.,-based financial products and services firm, and its founder and owner pleaded guilty today in the Southern District of New York for their participation in bid-rigging and fraud conspiracies related to contracts for the investment of municipal bond proceeds and other related municipal finance contracts, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/278750.htm 1dbe5446-70b2-4b29-9fc2-65433f70ca00 Fri, 30 Dec 2011 20:53:59 GMT GE Funding Capital Market Services Inc. Admits to Anticompetitive Conduct by Former Traders in the Municipal Bond Investments Market and Agrees to Pay $70 Million to Federal and State Agencies GE Funding Capital Market Services Inc. entered into an agreement with the Department of Justice to resolve the company’s role in anticompetitive activity in the municipal bond investments market and agreed to pay a total of $70 million in restitution, penalties and disgorgement to federal and state agencies, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/278581.htm c080c6d0-ebd1-411d-89d3-c7e5a14e8e07 Fri, 23 Dec 2011 17:58:42 GMT Justice Department Requires Deutsche Borse to Divest Its Interest in Direct Edge in Order to Merge With NYSE Euronext The Department of Justice announced today that it will require Deutsche Börse AGto direct its subsidiary International Securities Exchange Holdings Inc. (ISE) to sell its 31.5 percent stake in Direct Edge Holdings LLC and agree to other restrictions in order for Deutsche Börseto proceed with its planned$9 billion merger with NYSE Euronext, one of the two largest and most prestigious stock exchange operators in the United States. 

]]> http://www.justice.gov/atr/public/press_releases/2011/278537.htm 4cbfa0ec-b027-42ea-906b-77898900c60b Thu, 22 Dec 2011 17:59:59 GMT Justice Department Requires Divestiture in $7.9 Billion Merger of Exelon Corporation and Constellation Energy Group The Department of Justice announced that it will require Exelon Corporation and Constellation Energy Group Inc. to divest three electricity generating plants in Maryland in order to proceed with their $7.9 billion merger.

]]> http://www.justice.gov/atr/public/press_releases/2011/278473.htm 9948349b-6e4d-4218-9a52-c9a7c80f2ead Thu, 22 Dec 2011 16:04:43 GMT Justice Department Issues Statements Regarding AT&T Inc.'s Abandonment of Its Proposed Acquisition of T-Mobile USA Inc. Deputy Attorney General James M. Cole and Acting Assistant Attorney General for the Antitrust Division Sharis A. Pozen issued statements today after AT&T Inc. abandoned its proposed acquisition of T-Mobile USA Inc. from its parent company, Deutsche Telekom AG.

]]> http://www.justice.gov/atr/public/press_releases/2011/278406.htm f6725895-35a7-409d-9a94-b5e07f11ddff Tue, 20 Dec 2011 01:11:07 GMT US, Canada and Mexico Antitrust Officials Participate in Trilateral Meetings in Mexico to Discuss Antitrust Enforcement The heads of the antitrust agencies of the United States, Canada and Mexico – Acting Assistant Attorney General Sharis A. Pozen of the Department of Justice’s Antitrust Division, Chairman Jon Leibowitz of the Federal Trade Commission, Canadian Commissioner of Competition Melanie Aitken and President Eduardo Perez Motta of the Mexican Federal Competition Commission – met today to reaffirm their commitment to effective enforcement cooperation.

]]> http://www.justice.gov/atr/public/press_releases/2011/278394.htm 83078287-46c6-433a-a7a5-a19f71594d5f Mon, 19 Dec 2011 16:11:29 GMT Justice Department Will Not Challenge Worker Rights Consortium's Designated Suppliers Program for Collegiate Apparel The Department of Justice today announced that it will not challenge a proposal by the Worker Rights Consortium to implement the Designated Suppliers Program.

]]> http://www.justice.gov/atr/public/press_releases/2011/278340.htm a2c1036b-b72e-45b7-a764-46de9af9034f Fri, 16 Dec 2011 14:46:56 GMT CEO of Comcast Brian Roberts to Pay $500,000 Civil Penalty for Violating Antitrust Premerger Notification Requirements Comcast Corporation’s CEO Brian L. Roberts will pay a $500,000 civil penalty to settle charges that he violated premerger reporting and waiting requirements when he acquired Comcast voting securities, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/278338.htm ecfeed17-420a-44ae-b232-6393046cc4f6 Fri, 16 Dec 2011 14:18:11 GMT Five Individuals Indicted for Bid Rigging and Fraud at Public Real Estate Foreclosure Auctions The U.S. District Court in Sacramento today unsealed an indictment against four real estate investors and an auctioneer for their participation in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, Calif., Sharis A. Pozen, Acting Assistant Attorney General of the Department of Justice’s Antitrust Division, and Benjamin B. Wagner, U.S. Attorney for the Eastern District of California, announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/278232.htm 3bb99326-80a3-46b7-ac41-9939a8bae2a7 Tue, 13 Dec 2011 23:55:46 GMT Three Hitachi-LG Data Storage Executives Agree to Plead Guilty for Participating in Bid-Rigging and Price-Fixing Conspiracies Involving Optical Disk Drives Three Korean Hitachi-LG Data Storage Inc. (HLDS) executives have agreed to plead guilty and to serve prison time in the United States for their participation in a series of conspiracies to rig bids and fix prices for the sale of optical disk drives, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/278224.htm 5502addc-80d4-49fc-8e4f-09bd8d2ef4ba Tue, 13 Dec 2011 17:04:00 GMT Virginia Contractor Pleads Guilty to Kickback Scheme and Subscribing to False Tax Return A Virginia contractor pleaded guilty today to participating in a scheme to steer contracts to him for repair, maintenance and renovation work at healthcare and nursing home facilities owned by Medical Facilities of America Inc. (MFA), the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/278194.htm 7ea671e8-bd11-4a4b-8472-bb7003bfa97f Mon, 12 Dec 2011 21:09:49 GMT Former New York Con Ed Manager Sentenced to Serve 70 Months in Prison for Fraud, Bribery and Tax Crimes A former Consolidated Edison of New York (Con Ed) manager was sentenced today to serve 70 months in prison for participating in schemes to accept approximately $807,000 in bribes from two Con Ed industrial pipe supply vendors, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/278157.htm 48fb82e5-e44a-4cfc-b9bc-90a1af5cf080 Fri, 09 Dec 2011 15:01:10 GMT Cargolux Airlines International Executives Plead Guilty for Fixing Surcharge Rates on Air Cargo Shipments Two executives of Luxembourg-based Cargolux Airlines International S.A. have each pleaded guilty and agreed to serve 13 months in prison for participating in a conspiracy to fix cargo rates for international air shipments, the Department of Justice announced. 

]]> http://www.justice.gov/atr/public/press_releases/2011/278133.htm 4c580077-71e2-4f59-ad35-839e2de79509 Fri, 09 Dec 2011 00:20:27 GMT Wachovia Bank N.A. Admits to Anticompetitive Conduct by Former Employees in the Municipal Bond Investments Market and Agrees to Pay $148 Million to Federal and State Agencies Wachovia Bank N.A., which is now known as Wells Fargo Bank N.A., has entered into an agreement with the Department of Justice to resolve the company’s role in anticompetitive activity in the municipal bond investments market and has agreed to pay a total of $148 million in restitution, penalties and disgorgement to federal and state agencies, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/278076.htm 4ecc7e03-8674-467d-bcf9-7443e3bdbc8a Thu, 08 Dec 2011 11:45:57 GMT Alabama Real Estate Investor Agrees to Plead Guilty to Conspiracy to Rig Bids for the Purchase of Real Estate at Public Foreclosure Auctions A Mobile, Ala., real estate investor has agreed to plead guilty today for his role in a conspiracy to rig bids and commit mail fraud at public real estate foreclosure auctions in southern Alabama, the Department of Justice announced. 

]]> http://www.justice.gov/atr/public/press_releases/2011/277944.htm 6c38d47b-c66a-43a8-9884-1418995649f6 Fri, 02 Dec 2011 16:51:52 GMT Statement of the Department of Justice's Antitrust Division on Its Decision to Close Its Investigation of Google Inc.'s Acquisition of Admeld Inc. The Department of Justice’s Antitrust Division issued the following statement today after announcing the closing of its investigation into the proposed acquisition of Admeld Inc., an online display advertising service provider, by Google Inc.

]]> http://www.justice.gov/atr/public/press_releases/2011/277935.htm 540a7910-22d4-449f-9b43-a35760d2edca Fri, 02 Dec 2011 17:35:45 GMT Former Executive of Peruvian Airline Pleads Guilty to Fixing Fuel Surcharge Rates on Air Cargo Shipments Following Hurricanes Katrina and Rita A former executive of a Peruvian airline pleaded guilty today for his role in a conspiracy to fix surcharges on air cargo shipments from the United States to South and Central America following Hurricanes Katrina and Rita, the Department of Justice announced. 

]]> http://www.justice.gov/atr/public/press_releases/2011/277862.htm 8a11e133-5694-4376-aad7-b80bf5ad990d Thu, 01 Dec 2011 00:21:46 GMT Taiwan Aftermarket Auto Lights Manufacturer and its Chairman Indicted for Participating in Price-Fixing Conspiracy A federal grand jury in San Francisco returned a superseding indictment yesterday against a Taiwan aftermarket auto lights manufacturer, its U.S.-based subsidiary distributor and its chairman for participating in an international conspiracy to fix the prices of aftermarket auto lights, the Department of Justice announced. 

]]> http://www.justice.gov/atr/public/press_releases/2011/277860.htm 2527fe39-2324-4872-84c2-fb0d8e3fa913 Thu, 01 Dec 2011 00:21:10 GMT Department of Justice and Federal Trade Commission Meet with Chinese Ministry of Commerce on Merger Enforcement Matters Acting Assistant Attorney General Sharis Pozen of the Department of Justice’s Antitrust Division and Federal Trade Commission (FTC) Chairman Jon Leibowitz today met with a delegation from China’s Ministry of Commerce (MOFCOM) to discuss antitrust merger enforcement.

]]> http://www.justice.gov/atr/public/press_releases/2011/277770.htm 91d78033-3c66-4e0b-9454-d13c512009bf Tue, 29 Nov 2011 23:42:51 GMT Florida-Based Sea Star Line LLC Agrees to Plead Guilty and its Former President is Indicted for Price Fixing on Coastal Freight Services Between the Continental United States and Puerto Rico Sea Star Line LLC has agreed today to plead guilty and to pay a $14.2 million criminal fine for its role in a conspiracy to fix prices in the coastal water freight transportation industry, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/277501.htm 33f2617f-633a-49d1-8f48-e5bb5becf7a3 Thu, 17 Nov 2011 15:38:54 GMT Justice Department Reaches Agreement with First Niagara Bank N.A. and HSBC Bank USA N.A. on Divestitures The Department of Justice announced today that First Niagara Bank N.A. and HSBC Bank USA N.A. have agreed to sell 26 branch offices in the Buffalo, N.Y., area with approximately $1.6 billion in deposits, to resolve antitrust concerns from the sale of HSBC’s branch network in upstate New York to First Niagara.

]]> http://www.justice.gov/atr/public/press_releases/2011/277266.htm bfd33f93-5f65-4865-a6f9-5a5cda45055e Thu, 10 Nov 2011 14:35:02 GMT Justice Department Requires Divestiture To Preserve Health-Insurance Competition In Montana The Department of Justice announced today that it will require New West Health Services Inc. to sell the majority of its commercial health-insurance business to a third-party buyer and provide additional relief in order to preserve health-insurance competition in Montana.

]]> http://www.justice.gov/atr/public/press_releases/2011/277133.htm d67766c0-d0b9-4829-ade7-595f39fedd98 Thu, 10 Nov 2011 14:33:34 GMT Former Airline Executive Pleads Guilty in Schemes to Defraud Illinois-Based Ryan International Airlines A former executive of Ryan International Airlines, a charter airline company located in Rockford, Ill., pleaded guilty today in U.S. District Court in West Palm Beach, Fla., to participating in kickback schemes to defraud Ryan, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/277045.htm 44bf1ce0-b244-4524-bfea-824edf607281 Fri, 04 Nov 2011 16:42:38 GMT Former Owners of Florida Airline Fuel Supply and Indiana Flight Management Services Companies Sentenced to Prison for Conspiring to Defraud Ryan International Airlines A former owner and operator of a Florida-based airline fuel supply service company and a former owner and operator of an Indiana-based flight management services company were sentenced today to serve prison time and to pay restitution for conspiring to commit wire fraud and honest services fraud in separate schemes to defraud Ryan International Airlines, a charter airline company located in Rockford, Ill., the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/276750.htm 783114cb-62e4-4177-88b4-78be0c903934 Fri, 28 Oct 2011 17:37:04 GMT Eight Northern California Real Estate Investors Agree to Plead Guilty to Bid Rigging at Public Foreclosure Auctions Eight Northern California real estate investors have agreed to plead guilty today for their roles in two separate conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/276724.htm 74282100-3f92-4a54-b191-d36a24ca5e8d Thu, 27 Oct 2011 19:17:28 GMT Justice Department Requires Divestitures in Grupo Bimbo S.A.B. de C.V. and BBU Inc.'s Acquisition of the North American Fresh Bakery Business of the Sara Lee Corporation The Department of Justice announced today that it has reached a settlement with Grupo Bimbo S.A.B. de C.V., BBU Inc. and the Sara Lee Corporation that requires them to divest brands of sliced fresh bread and associated assets, in order to proceed with Grupo Bimbo and BBU’s acquisition of Sara Lee’s North American Fresh Bakery business.

]]> http://www.justice.gov/atr/public/press_releases/2011/276535.htm 67e02670-88a6-4db8-b931-6b56952518f2 Fri, 21 Oct 2011 18:48:37 GMT Department of Justice/Federal Trade Commission Issue Final Statement of Antitrust Policy Enforcement Regarding Accountable Care Organizations The Department of Justice and the Federal Trade Commission (FTC) today issued the final version of a joint policy statement detailing how the agencies will enforce U.S. antitrust laws with respect to new Accountable Care Organizations (ACOs). 

]]> http://www.justice.gov/atr/public/press_releases/2011/276482.htm 89fb2df8-fd87-4683-a82c-a52ee663c9f1 Thu, 20 Oct 2011 20:09:16 GMT Virginia Contractors Plead Guilty to Kickback Scheme Two Virginia contractors pleaded guilty today to participating in a scheme to steer contracts for repair and maintenance work at healthcare and nursing home facilities owned by Medical Facilities of America Inc. (MFA) to their now defunct plumbing business, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/276408.htm 679a7e9f-628e-40d3-8f13-1f0ab4e8d13b Thu, 20 Oct 2011 15:34:32 GMT Former Owner of Airline Services Company Pleads Guilty in Scheme to Defraud Illinois-Based Ryan International Airlines A former owner and operator of a Florida-based airline services company pleaded guilty today in U.S. District Court in West Palm Beach, Fla., to participating in a kickback scheme to defraud Ryan International Airlines, a charter airline company located in Rockford, Ill., the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/276369.htm 7854a95c-dc68-474e-b8da-c4ada9a26ca5 Mon, 17 Oct 2011 15:59:17 GMT United States and European Union Antitrust Agencies Issue Revised Best Practices for Coordinating Merger Reviews The Department of Justice, Federal Trade Commission (FTC) and the European Commission today issued an updated set of "best practices" that they use to coordinate their merger reviews.

]]> http://www.justice.gov/atr/public/press_releases/2011/276308.htm 4d0ef987-c482-449a-9730-ed88372a36e8 Mon, 17 Oct 2011 15:58:46 GMT Justice Department Statement on US Airways/Delta Airlines Acquisition of Slots at Washington's Reagan National and New York's LaGuardia Airports The Department of Justice issued the following statement today after the Department of Transportation (DOT) issued its order involving US Airways' and Delta Airlines' acquisition of slots at Washington's Ronald Reagan National Airport and New York's LaGuardia Airport.

]]> http://www.justice.gov/atr/public/press_releases/2011/276059.htm 4ed9d6b8-193e-469d-8c98-f84ecc48d132 Tue, 11 Oct 2011 18:53:41 GMT Danfoss Group Subsidiary Agrees to Plead Guilty for Role in Price-Fixing Conspiracy Involving Refrigerant Compressors Danfoss Flensburg GmbH, formerly Danfoss Compressors GmbH, has agreed to plead guilty and to pay a $3 million criminal fine for its role in an international conspiracy to fix the prices of light commercial compressors, a type of refrigerant compressor used in devices such as water coolers and vending machines, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/275834.htm 7174193e-669f-436c-ac17-bac78f7d6d31 Tue, 04 Oct 2011 14:58:39 GMT Two California Real Estate Investors Agree to Plead Guilty to Bid Rigging at Public Foreclosure Auctions Two California real estate investors have agreed to plead guilty today for their roles in a conspiracy to rig bids and to commit mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/275750.htm cf920f78-0b7a-4369-98df-1779fbd38111 Fri, 30 Sep 2011 15:46:25 GMT Justice Department Requires Morgan Stanley to Disgorge $4.8 Million in Profits from Anticompetitive Agreement The Department of Justice today announced a settlement with Morgan Stanley that requires Morgan to pay $4.8 million for violating the antitrust laws by entering into an agreement with KeySpan Corporation that restrained competition in the New York City electricity capacity market.

]]> http://www.justice.gov/atr/public/press_releases/2011/275740.htm 0c0522b4-ce19-4e10-af87-93e7d410009b Fri, 30 Sep 2011 14:29:21 GMT Japanese Freight Forwarding Company Agrees to Plead Guilty to Criminal Price-Fixing Charge A Japanese freight forwarder has agreed to plead guilty and to pay a $1.84 million criminal fine for its role in a conspiracy to fix certain fees in connection with the provision of freight forwarding services for air cargo shipments from Japan to the United States, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/275742.htm 9667d31a-b274-4ece-9491-7764d4aff434 Fri, 30 Sep 2011 14:29:21 GMT Hitachi-LG Data Storage Inc. Agrees to Plead Guilty to Participating in Bid-Rigging and Price-Fixing Conspircies Involving Optical Disk Drives Hitachi-LG Data Storage Inc. has agreed to plead guilty and to pay a $21.1 million criminal fine for its participation in a series of conspiracies to rig bids and fix prices for the sale of optical disk drives, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/275738.htm d32df442-1555-44ae-a5b4-df3d452cb6fe Fri, 30 Sep 2011 14:29:21 GMT Furukawa Electric Co. Ltd. and Three Executives Agree to Plead Guilty to Automobile Parts Price-Fixing and Bid-Rigging Conspiracy Furukawa Electric Co. Ltd., a supplier of automotive wire harnesses and related products, headquartered in Tokyo, has agreed to plead guilty and to pay a $200 million fine for its role in a criminal price-fixing and bid-rigging conspiracy involving the sale of parts to automobile manufacturers, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/275503.htm 51a57bc3-7a08-4542-83dc-10c315c7d41c Fri, 30 Sep 2011 14:28:52 GMT Six Japanese Freight Forwarding Companies Agree to Plead Guilty to Criminal Price-Fixing Charges Six Japanese freight forwarders have agreed to plead guilty and to pay criminal fines totaling $46.8 million for their roles in a conspiracy to fix certain fees in connection with the provision of freight forwarding services for air cargo shipments from Japan to the United States, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/275452.htm 98911bb5-7c08-4856-8be8-bd83d70dc903 Wed, 28 Sep 2011 12:56:02 GMT Former Executives from Panasonic Corp., Whirlpool Corp. Subsidiary and Tecumseh Products Co. Subsidiary Indicted in Compressor Price-Fixing Conspiracy A Detroit federal grand jury returned an indictment today against three former executives from Panasonic Corporation, a Whirlpool Corporation subsidiary and a Tecumseh Products Company subsidiary for their role in an international conspiracy to fix the prices of refrigerant compressors, which are used in refrigerators and freezers in homes and businesses, the Department of Justice announced. 

]]> http://www.justice.gov/atr/public/press_releases/2011/275408.htm 2a584879-22a9-4c45-9d68-c51d7d7ffe1e Wed, 28 Sep 2011 12:55:17 GMT California Real Estate Investor Pleads Guilty to Bid Rigging at Public Foreclosure Auctions A real estate investor pleaded guilty today in U.S. District Court in Sacramento to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, Calif., Sharis A. Pozen, Acting Assistant Attorney General of the Department of Justice’s Antitrust Division, and Benjamin B. Wagner, U.S. Attorney for the Eastern District of California, announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/275309.htm 4e75d2c7-68ed-477b-8076-0fad671173d6 Fri, 23 Sep 2011 16:01:06 GMT Former Texas Construction Company Employee Pleads Guilty to Soliciting and Accepting Kickbacks on Federal Contract A former project manager of a construction company that had substantial business at Fort Bliss, a U.S. Army installation in El Paso, Texas, pleaded guilty today to soliciting and accepting kickbacks from subcontractors on a federal contract with the U.S. Army, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/275275.htm 5f2d41c6-002e-4fc5-8247-dbce2748abbf Fri, 23 Sep 2011 16:00:20 GMT Alabama Real Estate Investors Agree to Plead Guilty to Conspiracy to Rig Bids for the Purchase of Real Estate at Public Foreclosure Auctions Two Mobile, Ala., real estate investors and one real estate investment company have agreed to plead guilty today for their roles in a conspiracy to rig bids for the purchase of real estate at public foreclosure auctions in southern Alabama, the Department of Justice announced. 

]]> http://www.justice.gov/atr/public/press_releases/2011/275046.htm fea8bff1-4d06-4f50-8933-af2e9b2b38ce Thu, 22 Sep 2011 17:29:38 GMT Bridgestone Corporation Agrees to Plead Guilty to Participating in Conspiracies to Rig Bids and Bribe Foreign Government Officials Bridgestone Corporation has agreed to plead guilty and to pay a $28 million criminal fine for its role in conspiracies to rig bids and to make corrupt payments to foreign government officials in Latin America related to the sale of marine hose and other industrial products manufactured by the company and sold throughout the world, announced Acting Assistant Attorney General Sharis A. Pozen of the Department of Justice’s Antitrust Division and Assistant Attorney General Lanny A. Breuer of the Department of Justice’s Criminal Division.

]]> http://www.justice.gov/atr/public/press_releases/2011/275025.htm f963280f-7d07-4809-b1dc-d1a714a6d8fe Thu, 15 Sep 2011 14:01:44 GMT Canadian National Sentenced to Serve 50 Months in Prison for Role in Fraud and Money Laundering Conspiracies Involving New Jersey Environmental Protection Agency at Superfund Site A former executive at Bennett Environmental Inc. (BEI), a Canada-based company that treats and disposes of contaminated soil, was sentenced today to 50 months in prison for participating in money-laundering and fraud conspiracies in connection with contracts at a Superfund site in New Jersey, as well as impeding a proceeding before the U.S . Securities and Exchange Commission (SEC), the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/274879.htm 49df0512-7081-430c-8356-114100bf5b4f Mon, 12 Sep 2011 16:44:08 GMT Second California Aftermarket Auto Lights Distributor Agrees to Plead Guilty in Price-Fixing Conspiracy A second California aftermarket auto lights distributor has agreed to plead guilty for participating in a global conspiracy to fix the prices of aftermarket auto lights, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/274881.htm 310350ec-2ab1-4b76-b499-a705911789a2 Mon, 12 Sep 2011 16:43:17 GMT Justice Department Requires Divestitures in Cumulus Media Inc.'s Acquisition of Citadel Broadcasting Corporation The Department of Justice announced today that it will require Cumulus Media Inc., one of the largest operators of radio stations in the United States, to divest three radio stations in two markets in order for Cumulus to proceed with its acquisition of Citadel Broadcasting Corporation.

]]> http://www.justice.gov/atr/public/press_releases/2011/274808.htm 7002766f-e14d-4c88-b8a7-e3fcfaaafa3f Mon, 12 Sep 2011 16:20:29 GMT Justice Department Files Antitrust Lawsuit to Block AT&T's Acquisition of T-Mobile The Department of Justice today filed a civil antitrust lawsuit to block AT&T Inc.’s proposed acquisition of T-Mobile USA Inc.

]]> http://www.justice.gov/atr/public/press_releases/2011/274615.htm 386b0101-2692-457c-bb65-54f573ce2bee Wed, 31 Aug 2011 11:24:46 GMT Remarks as Prepared for Delivery by Deputy Attorney General James M. Cole at the AT&T/T-Mobile Press Conference In order to ensure that competition remains and that everyone – including consumers, businesses and the government – continues to receive high quality, competitively priced mobile wireless products and services, the Department of Justice today filed an antitrust lawsuit in U.S. District Court in Washington, D.C. to block AT&T’s acquisition of T-Mobile.

]]> http://www.justice.gov/atr/public/press_releases/2011/274617.htm da3ba199-16f8-4860-8119-512e7d4e4e60 Wed, 31 Aug 2011 12:23:49 GMT Remarks as Prepared for Delivery by Acting Assistant Attorney General Sharis A. Pozen at the AT&T/T-Mobile Press Conference The Antitrust Division conducted an exhaustive investigation.  We conducted dozens of interviews of customers and competitors, and we reviewed more than 1 million AT&T and T-Mobile documents.  The conclusion we reached was clear.  Any way you look at this transaction, it is anticompetitive.

]]> http://www.justice.gov/atr/public/press_releases/2011/274637.htm 56af193b-78d4-432b-b583-1c82516ad56b Wed, 31 Aug 2011 12:22:37 GMT California Aftermarket Auto Lights Distributor Agrees to Plead Guilty in Price-Fixing Conspiracy A California aftermarket auto lights distributor has agreed to plead guilty today for its participation in a global conspiracy to fix the prices of aftermarket auto lights, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/274588.htm 32b41633-3d00-4c9d-8884-520d42c688fc Wed, 31 Aug 2011 11:23:13 GMT Justice Department Requires Divestiture in Order for General Electric Company to Proceed with its Acquisition of Converteam Group SAS The Department of Justice announced today that it has reached a settlement that will require General Electric Company (GE) to divest Converteam Group SAS’s Electric Machinery Holding Company in order to proceed with its acquisition of Converteam.

]]> http://www.justice.gov/atr/public/press_releases/2011/274517.htm da985d11-59c0-48a2-be11-d8c9302321aa Mon, 29 Aug 2011 14:07:17 GMT Department of Justice Will Not Challenge the Producers Guild of America's Proposed Use of Certification Mark The Department of Justice announced today that it will not challenge the Producers Guild of America’s proposed use of a voluntary certification system for film producers.

]]> http://www.justice.gov/atr/public/press_releases/2011/274484.htm 8aab563d-64e2-4ff5-bd0d-0ca7c600ba4d Fri, 26 Aug 2011 17:12:07 GMT Iowa Company Pleads Guilty to Participating in Ready-Mix Concrete Price-Fixing and Bid-Rigging Conspiracy An Iowa ready-mix concrete company pleaded guilty today to participating in a price-fixing and bid-rigging conspiracy for the sales of ready-mix concrete, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/274405.htm c83c9841-d088-44d2-b61b-fd7cae02b1c3 Fri, 26 Aug 2011 17:11:31 GMT Three New Jersey Investors Plead Guilty to Bid Rigging at Municipal Tax Lien Auctions Three financial investors who purchased municipal tax liens at auctions in New Jersey pleaded guilty today for their roles in a conspiracy to rig bids at tax liens auctions held by municipalities, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/274381.htm e15c0c35-3c43-45e1-80f5-df507a026a61 Wed, 24 Aug 2011 17:34:33 GMT Justice Department Requires Divestitures in Order for Regal Beloit Corporation to Proceed with It's Acquisition of A.O. Smith Corporation's Electric Motor Business The Department of Justice announced today that it has reached a settlement that will require Regal Beloit Corporation (RBC) to divest its U.S. business for electric motors for pool and spa pumps to SNTech Inc. and to divest A.O. Smith Corporation’s (AOS) development work and related assets for draft inducers for high-efficiency furnaces to Revcor Inc., in order to proceed with RBC’s acquisition of AOS’s electric motor business.

]]> http://www.justice.gov/atr/public/press_releases/2011/274048.htm 7fc7d9fb-def1-4cdc-b737-80bd6cb7aeac Wed, 17 Aug 2011 18:11:10 GMT Nautilus Hyosung Holdings Agrees to Plead Guilty to Obstruction of Justice for Submitting False Documents in a Merger Investigation Nautilus Hyosung Holdings Inc. has agreed to plead guilty and pay a $200,000 criminal fine for obstruction of justice in connection with a premerger filing and investigation by the Antitrust Division, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/273954.htm 44a0eb69-3029-40e2-9471-eb629850e54c Wed, 17 Aug 2011 18:09:35 GMT Real Estate Investor Pleads Guilty to Bid Rigging at Public Foreclosure Auctions A real estate investor pleaded guilty today in U.S. District Court in Sacramento to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, Sharis A. Pozen, Acting Assistant Attorney General of the Department of Justice’s Antitrust Division, and Benjamin B. Wagner, U.S. Attorney for the Eastern District of California, announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/273892.htm 2e08a653-6bea-42ce-944d-a42fb25540cb Tue, 16 Aug 2011 13:07:50 GMT Former Owners of Florida Airline Fuel Supply and Indiana Flight Management Services Companies Plead Guilty in Schemes to Defraud Ryan International Airlines A former owner and operator of a Florida-based airline fuel supply service company and a former owner and operator of an Indiana-based flight management services company pleaded guilty today to participating in separate schemes to defraud Ryan International Airlines, a charter airline company located in Rockford, Ill., the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/273888.htm 85d77a30-660d-4bfd-8572-fcd2ace40520 Fri, 12 Aug 2011 19:46:11 GMT Attorney General Eric Holder Appoints Sharis Arnold Pozen as Acting Assistant Attorney General, Antitrust Division Attorney General Eric Holder announced today the appointment of Sharis Arnold Pozen as Acting Assistant Attorney General of the Department of Justice’s Antitrust Division.

]]> http://www.justice.gov/atr/public/press_releases/2011/273622.htm 2349634b-3c5a-4b2d-bb90-a052bbeef17b Thu, 04 Aug 2011 17:35:23 GMT Justice Department Reaches Settlement with VeriFone and Hypercom after Gores Group is Determined to be Acceptable Buyer for Point-Of-Sale Terminals Business The Department of Justice announced today that, in order for VeriFone Systems Inc. to complete its acquisition of Hypercom Corp., it must divest Hypercom’s U.S. point-of-sale (POS) terminals business to an entity sponsored by Gores Group LLC, a private equity fund.

]]> http://www.justice.gov/atr/public/press_releases/2011/273602.htm 501180b2-0af4-4321-bf23-9c029e98e559 Thu, 04 Aug 2011 17:35:14 GMT Department of Justice and Federal Trade Commission Sign Antitrust Memorandum of Understanding with Chinese Antitrust Agencies Assistant Attorney General Christine Varney of the Department of Justice’s Antitrust Division and Federal Trade Commission (FTC) Chairman Jon Leibowitz today signed an antitrust memorandum of understanding (MOU) with China’s three antitrust agencies to promote communication and cooperation among the agencies in the two countries.

]]> http://www.justice.gov/atr/public/press_releases/2011/273306.htm ff6d50ea-fc08-4182-9005-99bfe466f16c Tue, 26 Jul 2011 23:11:48 GMT Executive of Taiwan Aftermarket Auto Lights Manufacturer Arrested and Indicted for Participation in Price-Fixing Conspiracy An executive of a Taiwan manufacturer of aftermarket auto lights was arrested on July 12, 2011, at Los Angeles International Airport and indicted today for participating in a global conspiracy to fix the prices of aftermarket auto lights, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/273135.htm 43620432-2397-49b4-b690-84b84c4c696a Tue, 19 Jul 2011 18:29:32 GMT Michigan Businessman Sentenced to 15 Months in Prison for Defrauding the Federal E-Rate Program The president and part owner of a Michigan-based Internet and technology services company was sentenced today to serve 15 months in prison for defrauding the federal E-Rate program, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/273092.htm 68da4604-281c-411b-8d80-7d8cc81bedcc Tue, 19 Jul 2011 18:28:44 GMT Washington Business Owner Sentenced to 18 Months in Prison for Participating in Conspiracy to Defraud the United States and Making False Claims on Government Contract A founder and president of a Washington-area design firm was sentenced today to 18 months in prison for her role in a conspiracy to defraud the United States in the award of a government contract for U.S. Department of Homeland Security’s (DHS) Immigration and Customs Enforcement (ICE), the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/272995.htm a4635fcb-85b1-45eb-925a-597378c7cdd0 Mon, 18 Jul 2011 19:23:32 GMT Iowa Company Pleads Guilty to Participating in Ready-Mix Concrete Price-Fixing Conspiracy An Iowa-based company pleaded guilty today to participating in a price-fixing conspiracy for the sales of ready-mix concrete, the Department of Justice announced.

]]> http://www.justice.gov/atr/public/press_releases/2011/272849.htm 1895f181-73d2-4338-85f0-71b7bb1570d6 Wed, 13 Jul 2011 18:49:36 GMT JPMorgan Chase Admits to Anticompetitive Conduct by Former Employees in the Municipal Bond Investments Market and Agrees to Pay $228 Million to Federal and State Agencies JPMorgan Chase & Co. has entered into an agreement with the Department of Justice to resolve the company’s role in anticompetitive activity in the municipal bond investments market and has agreed to pay a total of $228 million in restitution, penalties and disgorgement to federal and state agencies, the Department of Justice announced today.

]]> http://www.justice.gov/atr/public/press_releases/2011/272815.htm 36084d00-41bf-4765-af4b-f8f962cabb28 Fri, 08 Jul 2011 17:03:51 GMT DOJ, FTC Announce Changes to Streamline the Premerger Notification Form Following a public comment period, the Department of Justice and the Federal Trade Commission (FTC) have made changes to reduce the filing burden and streamline the form parties must file when seeking antitrust clearance of proposed mergers and acquisitions under the Hart-Scott-Rodino (HSR) Act and the Premerger Notification Rules.

]]> http://www.justice.gov/atr/public/press_releases/2011/272809.htm f690da1a-eda9-4bce-b362-0c9f7b1a7a33 Thu, 07 Jul 2011 10:36:51 GMT Assistant Attorney General Varney Announces Departure from Antitrust Division Christine Varney, Assistant Attorney General of the Antitrust Division, announced her resignation from the Department of Justice today, effective as of Aug. 5, 2011.

]]> http://www.justice.gov/atr/public/press_releases/2011/272802.htm ee051dcb-20b9-4c77-85c1-28472ae06aa1 Wed, 06 Jul 2011 18:38:43 GMT