August 2009 :: Antitrust Lawyer Blog
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Squeezed On: August 25, 2009

EPSON PLEADS GUILTY TO AND PAYS $26 MILLION FINE FOR ITS ROLE IN GLOBAL LCD PRICE-FIXING CONSPIRACY

On August 25, 2009, Epson Imaging Devices Corporation (“Epson”), a Japanese electronics manufacturer, pled guilty for its role in a conspiracy to fix prices in the sale of Thin Film Transistor-Liquid Crystal Display (“TFT-LDC”) panels and agreed to pay a fine of $26 million.

TFT-LCD panels are used in computer monitors, notebooks, televisions, mobile phones, and other electronic devices. Worldwide sales in 2006 were $70 billion.

Specifically, Epson’s subsidiary Seiko Epson Corporation participated in a conspiracy to fix prices of TFT-LCD panels sold to Motorola for use in Motorola Razr mobile phones from the fall of 2005 to the middle of 2006.

Continue reading " EPSON PLEADS GUILTY TO AND PAYS $26 MILLION FINE FOR ITS ROLE IN GLOBAL LCD PRICE-FIXING CONSPIRACY " »

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Posted In: DOJ Antitrust Highlights

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Squeezed On: August 21, 2009

DOJ SETTLES WITH MICROSEMI TO RESTORE COMPETITION IN SEMICONDUCTOR DEVICES USED IN MILITARY AND SPACE APPLICATIONS

On August 20, 2009, the DOJ announced that it reached a proposed settlement with Microsemi Corporation requiring the company to divest all of the assets that it acquired from Semicoa Inc. on July 14, 2008. The DOJ investigated the consummated acquisition and filed a civil antitrust suit to force Microsemi to divest the Semicoa assets to restore competition on December 18, 2008. Without this settlement agreement to divest, there would be little or no competition in the development, manufacture and sale of certain semiconductor devices used in military and space programs essential to the security of the United States.

Continue reading " DOJ SETTLES WITH MICROSEMI TO RESTORE COMPETITION IN SEMICONDUCTOR DEVICES USED IN MILITARY AND SPACE APPLICATIONS " »

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Posted In: DOJ Antitrust Highlights , Merger Highlights

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Squeezed On: August 20, 2009

DOJ ENDS INVESTIGATION OF ORACLE'S PURCHASE OF SUN

On August 20, 2009, Oracle announced that the DOJ closed its investigation of Oracle's acquisition of Sun. The DOJ issued a second request to further investigate the transaction in late June. The DOJ ended its investigation approximatley two months after issuing the second request without requiring any remedy.

Continue reading " DOJ ENDS INVESTIGATION OF ORACLE'S PURCHASE OF SUN " »

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Posted In: DOJ Antitrust Highlights , Merger Highlights

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Squeezed On: August 19, 2009

FORMER EXECUTIVE INDICTED IN GLOBAL COLOR DISPLAY TUBE PRICE-FIXING CONSPIRACY

On August 19, 2009, Wen Jun (“Tony”) Cheng, a former assistant vice president of sales and marketing at a large Taiwanese color display tube (CDT) manufacturing company, was indicted at U.S. District Court in San Francisco for his role in a global conspiracy to fix prices of CDTs. CDTs are a type of cathode ray tube used in computer monitors and other specialized applications

Continue reading " FORMER EXECUTIVE INDICTED IN GLOBAL COLOR DISPLAY TUBE PRICE-FIXING CONSPIRACY " »

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Posted In: DOJ Antitrust Highlights

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Squeezed On: August 6, 2009

DOJ AND USDA TO HOLD PUBLIC WORKSHOPS TO EXPLORE COMPETITION ISSUES IN THE AGRICULTURE INDUSTRY

On August 5, 2009, Attorney General Eric Holder and Agriculture Secretary Tom Vilsack announced that the Department of Justice and the U.S. Department of Agriculture ("USDA") will hold joint public workshops to explore competition issues affecting the agriculture industry and the appropriate role for antitrust enforcement in agriculture. These are the first joint DOJ/USDA workshops ever to be held to discuss competition and regulatory issues in the agriculture industry.

Continue reading " DOJ AND USDA TO HOLD PUBLIC WORKSHOPS TO EXPLORE COMPETITION ISSUES IN THE AGRICULTURE INDUSTRY " »

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Posted In: Civil Non-Merger Highlights , DOJ Antitrust Highlights

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Squeezed On: August 3, 2009

FTC WILL CONTINUE INVESTIGATION OF INTERLOCKING DIRECTORS BETWEEN GOOGLE AND APPLE

On August 3, the Federal Trade Commission said it will continue to investigate the relationship between the boards of Apple, Inc. and Google, Inc. even after Google's CEO, Eric Schmidt, resigned from Apple's board earlier in the day.

Continue reading " FTC WILL CONTINUE INVESTIGATION OF INTERLOCKING DIRECTORS BETWEEN GOOGLE AND APPLE " »

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Posted In: Articles , Civil Non-Merger Highlights , FTC Antitrust Highlights

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