Posts Tagged With Price Fixing

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Electrolytic Capacitor Manufacturer Indicted for Participation in Price-Fixing Conspiracy

On October 18, 2017, a federal grand jury in the Northern District of California in San Francisco returned an indictment charging Nippon Chemi-Con, a Japanese electrolytic capacitor manufacturer, with conspiracy to fix prices for electrolytic capacitors, which store and regulate electrical current in a variety of electronic products.  According to the indictment, between 1997 and 2014, Nippon Chemi-Con agreed with co-conspirators to fix prices of electronic capacitors, sold in accordance with these agreements, and took ... Continue Reading

E-Commerce Company and Top Executive Agree to Plead Guilty to Price-Fixing Conspiracy for Customized Promotional Products / Second E-Commerce Company and its Top Executive Agree to Plead Guilty to Price-Fixing Conspiracy in Customized Promotional Products Industry

Two e-commerce companies and their top executives pled guilty to conspiring to fix prices for customized promotional products sold online to U.S. customers.  On August 7, 2017, Zaappaaz Inc. (d/b/a WB Promotions Inc., Wrist-Band.com, and Customlanyard.net) pled guilty to conspiring to price fix, and its President Azim Makanojiya, pled guilty to criminally violating the Sherman Act.  According to the charges, conspirators used social media and encrypted messages to engage in illegal agreements to fix the ... Continue Reading

Former Packaged Seafood Executive Pleads Guilty to Price Fixing

On June 28, 2017, Stephen Hodge, former senior vice president of sales for a packaged seafood company, pled guilty to charges related to his role in a conspiracy to fix the prices of packaged seafood sold in the United States.  According to court documents, Hodge and his co-conspirators discussed the prices of packaged seafood and issued price announcements in accordance with agreements they reached during these discussions.  Hodge is the fourth executive to plead guilty ... Continue Reading

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