EU fines 7 firms for price-fixing
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BRUSSELS Outokumpu, IMI and five other companies were fined a total of E222.3 million on Friday by the European Commission for fixing the prices of copper tubing used in household plumbing.
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Companies and individuals found responsible for environmental disasters should face criminal charges, the European Union's executive said Friday in proposing a measure that would punish serious offenses across the 27-nation bloc with up to five years in prison or a $975,000 fine.
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As part of the deal, Deutsche Bank will pay $7.5 million for allegedly failing to turn over e-mails promptly during the regulators&#39; investigation.
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Citigroup, the world&#39;s biggest bond broking firm, could face disciplinary action from the Financial Services Authority following an unprecedented £7bn trade in European government bonds this month.
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Thirty-four U.S. states will sue  seven computer memory chip makers on Friday, including Micron  Technology  and Infineon Technologies (IFXGn.DE), over  charges they conspired to rig the U.S. market to keep prices  artificially high.
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The EU imposes a record 992m euro fine on four lift and escalator firms it found operated a price-fixing cartel.
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THREE German executives and an American with microchip giant Infineon Technologies face jail terms and fines under plea agreements to settle a US probe into price-fixing, according to the Justice Department.
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Eight businesses, seven individuals named as defendants in suit alleging distribution, sales of counterfeit programs.
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The European Commission warns that Microsoft could face further fines for failing to comply with its anti-trust rulings.
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Retailer agrees to pay compensation to customers in move to end long-running price-fixing saga
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Seven German banks - including WestLB - are to hand back state aid worth more than 3bn euros that the EU says broke competition laws.
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The European Union on Wednesday fined French dairy Groupe Danone and Dutch beer giant Heineken NV euro2.5 million (US&#36;3 million) for colluding to control the wholesale beer market in France.
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New orders for long-lasting US manufactured products have their biggest fall for seven months.
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The Dutch telecom and postal watchdog OPTA has levied fines as high as 42,500 euros ($57,540) against several individuals and small companies for sending out spam messages.
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German microchip maker, Infineon Technologies, has been fined $160m in the US after pleading guilty to price fixing.
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German computer chip maker Infineon Technologies AG has agreed to plead guilty to price fixing and will pay a $160 million fine, the Justice Department said yesterday.
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A firm that used "high pressure sales tactics" to sell shares is fined Â£250,000 by the City watchdog.