"price-fixing" tag

US judge rules against Apple

A US judge has ruled that electronic giant Apple conspired with five publishers to raise the retail prices of e-books. The anti-trust ruling sought by the US Department of Justice could expose Apple to damage...

Nestle to cut baby formula prices in China in response to probe

Nestle has said it will cut infant formula prices in China in response to an investigation into alleged price-fixing by several foreign companies. China is the world’s largest market for baby formula. Nestle’s Wyeth Nutrition...

EU investigates oil giants over possible price-fixing

Anti-trust authorities have conducted surprise inspections at offices of at least three major oil companies, suspecting a possible collusion on oil prices. Shell, BP and Statoil confirmed inspections at their sites. European inspectors raided the...