WASHINGTON (Reuters) – Nine companies based in Japan and two executives have agreed to plead guilty and to pay almost $745 million in fines for their roles in long-running conspiracies to fix the prices of auto parts sold to U.S. car manufacturers, the Department of Justice said on Thursday.
The settlements are the latest in an ongoing probe into price fixing of a broad range of car parts that has now ensnared 20 companies and 21 executives. The companies have agreed to pay $1.6 billion in fines overall.
WASHINGTON, Sept 26 (Reuters) – Nine companies based in
Japan and two executives have agreed to plead guilty and to pay
a total of more than $740 million in fines for their roles in
long-running conspiracies to fix the prices of auto parts sold
to U.S. car manufacturers, the Department of Justice said on
The department said that price-fixed automobile parts were
sold to Fiat SpA affiliate Chrysler Group LLC
, Ford Motor Co and General Motors Co,
-as well as to the U.S. subsidiaries of Honda Motor Co Ltd
, Mazda Motor Corp, Mitsubishi Motors Corp
, Nissan Motor Co Ltd, Toyota Motor Corp
and Fuji Heavy Industries Ltd’s Subaru.
WASHINGTON (Reuters) – A U.S. lawmaker who has been leading the charge against frivolous but expensive patent litigation released the draft of a bill on Monday aimed at hemming in so-called “patent trolls.”
Representative Bob Goodlatte, chairman of the House Judiciary Committee, released a second discussion draft of a measure that would broaden the power of judges to award fees to the winner of a patent infringement lawsuit, among other steps.
WASHINGTON (Reuters) – Union members who work for American Airlines and US Airways Group (LCC.N: Quote, Profile, Research, Stock Buzz) rallied on Capitol Hill on Wednesday, urging the U.S. Justice Department to drop its opposition to a planned merger between the two airlines.
The rally by pilots, flight attendants, baggage handlers and others also attracted a handful of the 300 lawmakers that the union representatives are meeting with this week in hopes of building support for the deal.
WASHINGTON, Sept 11 (Reuters) – Apple and Google
subsidiary Motorola Mobility on Wednesday squared off
in court over whether a judge should reopen a lawsuit in which
the companies accuse one other of illegally using their patented
mobile phone technology.
The case under review began in 2010 when the smartphone
makers filed patent infringement lawsuits against each other.
WASHINGTON (Reuters) – US Airways defended its proposed merger with American Airlines on Tuesday, arguing that the deal would create $500 million in savings to consumers annually by building a stronger competitor to Delta Air Lines Inc and United Continental.
The Justice Department filed a lawsuit on August 13 to stop the $11 billion deal between US Airways Group and American’s parent AMR Corp. The government argues the merger would violate antitrust laws because it would lead to higher airfares and related fees.
WASHINGTON (Reuters) – U.S. judges hearing a potential landmark case on U.S. regulation of internet traffic on Monday focused on whether certain charges levied on websites by internet service providers would be illegal moves to block the sites.
The case revolves around a 2011 rule on so-called net neutrality. The rule requires internet providers treat all traffic equally and give consumers equal access to lawful content, even content that directly competes with the providers’ services.
WASHINGTON, Sept 9 (Reuters) – Judges hearing an appeal by
Verizon Communications Inc of the U.S. government’s open
internet rules spent much of their time on Wednesday focused on
what sorts of charges levied on websites would be considered
The 2011 rules required internet providers to treat all
traffic equally and to give consumers equal access to all lawful
content, even where that content might compete with aspects of
the Internet provider’s business.
WASHINGTON, Aug 30 (Reuters) – A federal judge on Friday set
a tentative Nov. 25 trial date in the U.S. government’s legal
challenge to an American Airlines merger with U.S.
Judge Colleen Kollar-Kotelly, who will try the case without
a jury, announced the date at a hearing in U.S. District Court.
WASHINGTON (Reuters) – A federal judge said on Friday that the trial of a U.S. government lawsuit to block an American Airlines (AAMRQ.PK: Quote, Profile, Research, Stock Buzz) merger with U.S. Airways Group Inc (LCC.N: Quote, Profile, Research, Stock Buzz) should take place before March, the date sought by the U.S. Justice Department.
U.S. District Judge Colleen Kollar-Kotelly said in open court: “March 3, I think, is too far off. It needs to be a tighter, expedited schedule.”