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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.
The following is a list of proven scandals in India since ... 2013 Indian Premier League spot-fixing and betting case; ... an acute decline in their share prices.
The 2013 Indian Premier League spot-fixing and betting case arose when the Delhi Police arrested three cricketers, Sreesanth, Ajit Chandila and Ankeet Chavan, on the charges of alleged spot-fixing. The three represented the Rajasthan Royals in the 2013 Indian Premier League . [ 1 ]
Banned in August 2017 for spot-fixing charges in the Pakistan Super League. [24] 24: Lonwabo Tsotsobe South Africa: 8 years: Banned in August 2015 over match fixing: 25: Alviro Petersen South Africa: 2 years: Banned in 2016 over match fixing: 26: Shakib Al Hasan Bangladesh: 1 year: Banned from all cricket for failing to report bookie approaches ...
BRUSSELS (Reuters) -EU antitrust regulators has accused Indian drugmaker Alchem International of taking part in a pharmaceutical cartel to fix prices of a key ingredient, which could lead to a ...
The 2009 Hindi film, 99, starring Kunal Khemu, Boman Irani, Soha Ali Khan and Cyrus Broacha, is set in the year 1999, with the India-South Africa match fixing controversy as the backdrop. The 2008 Hindi film, Jannat, directed by Kunal Deshmukh and starring Emran Hashmi, Sonal Chauhan and Javed Sheikh is also based on match fixing.
A related government intervention to price floor, which is also a price control, is the price ceiling; it sets the maximum price that can legally be charged for a good or service, with a common example being rent control. A price ceiling is a price control, or limit, on how high a price is charged for a product, commodity, or service.
Proof that competitors have shared prices can be used as part of the evidence of an illegal price fixing agreement. [5] Experts generally advise that competitors avoid even the appearance of agreeing on price. [5] Since 1997, US courts have divided price fixing into two categories: vertical and horizontal maximum price fixing. [6]