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In August 2007 British Airways (BA) was fined £121.5 million [45] for price-fixing. The fine was imposed by the Office of Fair Trading (OFT) after BA admitted to the price-fixing of fuel surcharges on long haul flights.
In 2022, for example, JBS agreed to a $52.5 million settlement in a similar beef price-fixing lawsuit. And Tyson agreed to pay $221.5 million back in 2021, after facing class-action claims that ...
The cost of frozen potato products increased 47% from 2022 to 2024, according to one price-fixing lawsuit. (Getty Images) Revenge may be a dish best served cold, but others would argue it can also ...
Price fixing is an anticompetitive agreement between participants on the same ... Private individuals or organizations may file lawsuits for triple damages for ...
State attorneys general filed a lawsuit two years later in U.S. District Court, Connecticut, alleging Glazer and Malek drew up a price-fixing scheme in which executives and sales people from drug ...
The suit was filed because of price fixing and other allegedly anti-competitive trade practices in the credit card industry. In February 2019, U.S. District Court Judge Margo K. Brodie approved a settlement in the case that amounted to $5.54 billion. [1]
The complaint claims the Richardson, Texas-based company and its competitors engaged in a price-fixing scheme by sharing nonpublic, sensitive information, which RealPage's algorithmic pricing ...
On 27 April 2018, Hagens Berman filed a class-action lawsuit against Samsung, Hynix, and Micron in U.S. District Court alleging the trio engaged in DRAM price fixing causing prices to skyrocket through 2016 and 2017. [8] Between June 2016 and January 2018, the price of DRAM nearly tripled. [9]