IIPM Management School
Aug 2007 Korean Airlines was fined $300 millions by the US Justice Department for fixing prices for passengers and cargo flights. The company thus posted its first loss in two years.
February 2007
The European Commission fined Otis, KONE, Schindler & ThyssenKrupp Groups €992 million for operating cartels for the installation and maintenance of lifts and escalators.February 2006 British Airways was fined £350 million for its involvement in an alleged price-fixing scandal that included colluding with competitors over fuel surcharges on passenger and cargo flights.
November 2005 Mexico imposed its biggest anti-monopoly fines ever, totaling about $68 million (€ 58 million) against Coca Cola and dozens of its distributors and bottlers.
October 2005 The United States Department of Justice slapped a fine of $300 million on Samsung Electronics for participating in an international conspiracy to fix prices in the DRAM market.
October 2004 Infineon Technologies AGcompany was sentenced a fine of $160 million for participating in the conspiracy to fix prices in the DRAM market.
October 2003 The European Commission fined Aventis €99 million for its alleged involvement in a cartel alongside four Japanese companies for controlling price of the sorbates. The five companies controlled up to 85% of European sorbates market and met twice a year to set prices and production quotas.
March 2004 The European Commission slapped a fine of €497.2 million ($611.8 million) for violating the European Union the anti-trust law on software giant Microsoft. The commission ordered the unbundling of Windows Media Player within 90 days and required that ‘complete and accurate’ information be given to rival or other makers of computer servers within 120 days.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
For More IIPM Info, Visit Below....
The Sunday Indian - India's Greatest News weekly
IIPM Mumbai Parables - Stories that change life
IIPM International Student Exchange Programme
IIPM, ADMISSIONS FOR NEW DELHI & GURGAON BRANCHES
IIPM, GURGAON
ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...
IIPM Economy Review
IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
Time for Awards at IIPM
No comments:
Post a Comment