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James Neely 2017-12-22

Prices of mobile phone memory chips have been skyrocketing for the last 6 quarters and Chinese regulators are considering action.

After complaints from local smartphone manufacturers, China’s National Development and Reform Commission (NDRC) has decided to have a word with Samsung, the largest storage chip manufacturer in the world.

However, whether an antitrust review will be initiated remains to be seen, according to a report from 21Jingji (in Chinese).

NDRC’s last high-profile case included Qualcomm.

The anti-trust probe against the chipmaker giant was concluded with a settlement in 2015.

Storage has become the single most expensive item in phone manufacturing, higher than screens or CPU, the report states.

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0
Kyle Greathouse 2016-08-10
img

Image caption The FAS has opened a case against Apple

Apple has rejected accusations from Russia's state competition watchdog that it fixed iPhone prices.

The Federal Anti-Monopoly Service FAS said it was investigating "signs of price-setting coordination" among iPhone resellers following a complaint from a member of the public.

Apple told Reuters it did not control its products' pricing.

"Resellers set their own prices for the Apple products they sell in Russia and around the world," it said.

A citizen told the FAS that the iPhone 6s and iPhone 6s Plus, which went on sale in Russia in October 2015, were priced identically across all 16 major Russian retailers.

collect
0
Henry Booker 2016-08-08

View photosMoreA man holds the newly released iPhone 6 in a mobile phone shop in Moscow September 26, 2014.

MOSCOW Reuters - Russia's Federal Anti-Monopoly Service said on Monday it had opened a case into price-fixing allegations concerning Apple iPhones.

"The Anti-Monopoly Service sees signs of price fixing violations in the Russian Federation at Apple iPhone resellers, which resulted in the same prices for these smartphones," it said in a statement.

A representative for Apple in Russia was not immediately available for comment.

The anti-monopoly body said it had opened its case after an appeal from a citizen with information that identical prices had been set for iPhone 6s and iPhone 6s Plus models, which appeared in Russia in October 2015, at 16 major resellers.

It said that an investigation had showed that resellers had set identical prices and kept them at that level for a certain time period, including for other models.

collect
0
Thomas Cann 2017-08-30
img

L-ion kings to cough up profits – it's the circuit, er, circle of life

Three battery manufacturers agreed to settle a lawsuit that claimed they conspired to fix the price of lithium-ion battery cells for more than a decade.

LG, Hitachi, and NEC will join Sony (who previously settled) in a deal to pay out $64.65m [PDF] to Americans who purchased any device containing one of their cylindrical li‑ion battery cells.

The cells were sold between January 1, 2000 and May 31, 2011 and were used in everything from laptop PCs to video cameras and power tools.

The class-action suit had accused the four suppliers of meeting in 1999 and agreeing to work together to inflate the price of the L‑ion battery cells they manufactured and sold to OEMs.

For more than a decade, it was argued, the companies had regular meetings and communications where they decided on the set price they would charge for battery cells and packs.

collect
0
Jonathan Godbey 2016-08-09
img

Russian, the land of ballet, borscht, and the world s largest ceremonial bell, is allegedly also home to practices of a more unsavory sort — price fixing.

It s opened a case against the Cupertino, California-based company.

The allegations apparently sprung from a citizen with information about incongruities in Russia s smartphone resale market.

According to FAS investigators, 16 unaffiliated third-party retailers maintained an agreed-upon price for Apple s iPhone 6s and 6s Plus models for a certain period of time — as early as October 2015.

The Anti-Monopoly Service sees signs of price-fixing violations in the Russian Federation at Apple iPhone resellers, which resulted in the same prices for these smartphones, the agency said in a statement.

The formal filing follows months of legal discovery by FAS head Andrei Filimonov.

collect
0
Mary Condie 2016-08-09

MOSCOW Reuters - Apple Inc on Tuesday rejected allegations from Russia's state competition watchdog it may have been involved in fixing prices for iPhones, saying resellers set their own prices.

Apple reacted a day after Russia's Federal Anti-Monopoly Service FAS said it had opened a case into the allegations after a consumer had pointed out that identical prices had been set for iPhone 6s and iPhone 6s Plus models, which appeared in Russia in October 2015, at 16 major resellers.

Apple, in emailed comments, said it did not oblige Russian resellers to fix prices for its products.

"Resellers set their own prices for the Apple products they sell in Russia and around the world," the company's press office said.

FAS said it was looking into the idea that Apple had somehow obliged Russian resellers to treat its recommended product prices as mandatory.

It said an investigation had shown that retailers had set identical prices and kept them at that level for a certain time period, including for other models.

collect
0
Timothy Corn 2016-06-21
img

On Tuesday, Amazon started issuing refunds as part of Apple s price-fixing settlement.

If you are eligible, we have already calculated your credit for you and added it to your Amazon account, according to Amazon s webpage explaining the settlement.

The credits will show up as a gift card and automatically applied to future purchases via Amazon.com or the Amazon apps.

You will have until 11:59 pm PDT on June 24, 2017, to use the credits.

As part of the settlement, Apple paid $400 million back to ebook buyers, who will receive $6.93 for every purchase of a New York Times bestseller and $1.57 for every other ebook.

This settlement applies to ebook purchases from other sellers, too, including Apple and Barnes & Noble.

collect
0
Jesse Rodriguez 2016-06-21
img

On Tuesday, Amazon started issuing refunds as part of Apple s price-fixing settlement.

If you are eligible, we have already calculated your credit for you and added it to your Amazon account, according to Amazon s webpage explaining the settlement.

The credits will show up as a gift card and automatically applied to future purchases via Amazon.com or the Amazon apps.

You will have until 11:59 pm PDT on June 24, 2017, to use the credits.

As part of the settlement, Apple paid $400 million back to ebook buyers, who will receive $6.93 for every purchase of a New York Times bestseller and $1.57 for every other ebook.

This settlement applies to ebook purchases from other sellers, too, including Apple and Barnes & Noble.

collect
0
Dwayne Alcorn 2017-10-23
img

The US Department of Justice suspects Nippon Chemi-Con was one of eight global manufacturers that conspired to drive up the price of the ubiquitous components for more than 15 years.

The indictment is part of an ongoing campaign by the DoJ to break up the global capacitor price-fixing ring that has also included the likes of Hitachi Chemical and NEC Tokin.

According to prosecutors, between 1997 and 2014, Nippon Chemi-Con and the other manufacturers illegally inflated the price of capacitors by agreeing to rig bids they gave to electronics suppliers and fabricating reasons why the prices were remaining high.

The higher prices then allowed the suppliers to continue to charge top dollar (or in this case top cent) for the bulk capacitor orders they signed with the companies that make devices that rely on capacitors, such as PCs, monitors, and TV sets, among other things.

This conspiracy, the DoJ alleges, was forged by executives within the various manufacturers in a series of meetings held in the US and overseas, and the instructions for the price fixing were then distributed throughout the organizations.

All of this is said to have been done in violation of US Code Section 15 Chapter 1 provisions on antitrust and monopoly behavior.

collect
0
Bill Davis 2016-12-08

The Chinese government s punishment of a medical-equipment supplier for price-fixing could be the opening to wider scrutiny of health-care costs.

The National Development and Reform Commission this week fined Medtronic PLC 118.5 million yuan $17 million for refusing to let dealers and distributors discount prices for the company s insulin pumps, pacemakers and other medical devices.

It said this raised costs to patients.

This was the first time the commission had fined a medical-device maker, according to the state broadcaster CCTV.

The news was widely covered in official media—usually a sign of a major investigative push.

Medtronic is just the tip of the iceberg, according to the China Economic Herald, the commission s official publication, which reports that 100 pharmaceutical and medical-device companies are under the microscope.

collect
0
Danny Duck 2016-07-17
img

Uber has been knee-deep in legal battles lately, and recent reports show that the tactics used by its investigative contractor, Ergo, have been anything but aboveboard.

This came to light in a recent court battle filed by customer Spencer Meyer against the ridesharing company and listing Uber CEO Travis Kalanick, according to Law360.

The class action alleges that Uber participated in a price fixing scheme that violated antitrust laws.

Uber enlisted Ergo to investigate Meyer under the pretense that he may pose a security risk to Kalanick.

Ergo not only investigated Meyer, but also investigated his attorney.

Critics point out that if Ergo was only investigating Meyer as a security risk to Kalanick, that there would be no need to investigate Meyer s lawyer.

collect
0
Michael Rase 2016-12-16
img

Five model agencies and fashion industry associations have received a total of £ 1.5 million, or 1.79 million fine in the Uk, told the Reuters news agency.

Fine's the price of appropriate and even strengthening of, inter alia, journal of fashion descriptions and ad campaigns.

the Punishment received in the offices of the FM Models, Models 1, Premier, Storm and Viva.

the competition authority CMA:according to the office, you discuss a number of work subordinates with when negotiating prices with their customers.

the most Expensive descriptions of the paid up more than £ 10,000, i.e. approximately 12 000 eur.

"the Parties vahtoivat data regularly and systematically and discussing the price of customer level," said the CMA.

collect
0
William Ly 2016-08-09
img

Russia investigating iPhone price-fixing case

Apple has again fallen prey to price-fixing allegations in Russia with regards to iPhone.

The Federal Antimonopoly Service of Russia said that it has opened investigations into the allegations after an appeal from a citizen who claimed identical prices had been set for iPhone 6s and 6s Plus models – which were launched in September last year – at 16 major retailers.

Investigations suggest resellers had quoted identical prices and kept them for over a certain period of time, the anti-monopoly body said.

A similar practice has been followed for other iPhone models as well.

MTS has been mentioned as one of the resellers in the anti-monopoly service's statement.

collect
0
Thomas Nye 2016-06-20
img

Hagens Berman Sobol Shapiro LLP, the class-action law firm that handled the case, says eligible consumers will receive a $6.93 credit for every e-book which was a New York Times bestseller and a $1.57 credit for other e-books.

Credits will automatically be loaded into the accounts of consumers at major book retailers including Amazon, Barnes & Noble, Kobo and Apple.

Those who elected to receive cash in lieu of credits should receive their checks soon.

Members of the suit allege that Apple worked with five publishers in 2010 to artificially raise the prices of e-books which the law firm says caused the price of e-books to increase 30 to 50 percent.

A federal judge in 2013 found Apple guilty and after a series of failed appeals, Apple is being forced to pay the $450 million settlement.

Only $400 million will go to consumers with the remainder earmarked for legal fees and states involved in the suite.

collect
0
Robert Rock 2016-08-08

MOSCOW-—Russia s federal antitrust body has opened a case into possible price-fixing by Apple Inc. and some Russian smartphone retailers, making the Cupertino, Calif., company the latest U.S. tech giant to draw attention from Russian regulators.

The Federal Anti-Monopoly Service said it was investigating a claim that Apple and 16 resellers colluded to fix prices of the iPhone 6s and iPhone 6s Plus on the local market starting in October 2015.

The agency said prices had been set at the same level across a majority of retailers and held there for some time.

The FAS believes that such a coincidence could be the result of a coordination of the pricing of Russian resellers by the Apple group of companies, the agency said in a statement on its website.

Andrei Filimonov, the head of the FAS s anti-cartel unit, told Interfax news agency in February that the unit had begun looking into allegations of iPhone price-fixing.

He said that the companies in question could be fined up to 15% of iPhone sales revenue.

collect
0
Angel Collins 2016-06-21
img

The refund comes as part of Apple's settlement over ebook price fixing allegations, with anybody who bought Kindle titles from five specific publishers due to get a percentage of the purchase price back: today, it's the turn of Amazon's customers.

"As a result of this Settlement, qualifying eBook purchases from any retailer are eligible for a credit."

In order to qualify, you need to have purchased an ebook published by Hachette, HarperCollins, Simon & Schuster, Penguin, or Macmillan, between April 1st, 2010, and May 21st, 2012.

The credits for Kindle users are showing up automatically today - Amazon is doing all the calculations and claims itself, though does say that if you believe you were due some money back but haven't see it, to contact customer services.

The Cupertino firm agreed to pay around $400m to as many as 23 million ebook customers across a variety of platforms, in addition to $50m in legal fees.

Individual publishers involved have also had to cough up refunds to users, with estimates in late 2012 suggesting that could be as much as $1.32 per eligible title.

collect
0
James Neely 2017-12-22

Prices of mobile phone memory chips have been skyrocketing for the last 6 quarters and Chinese regulators are considering action.

After complaints from local smartphone manufacturers, China’s National Development and Reform Commission (NDRC) has decided to have a word with Samsung, the largest storage chip manufacturer in the world.

However, whether an antitrust review will be initiated remains to be seen, according to a report from 21Jingji (in Chinese).

NDRC’s last high-profile case included Qualcomm.

The anti-trust probe against the chipmaker giant was concluded with a settlement in 2015.

Storage has become the single most expensive item in phone manufacturing, higher than screens or CPU, the report states.

Henry Booker 2016-08-08

View photosMoreA man holds the newly released iPhone 6 in a mobile phone shop in Moscow September 26, 2014.

MOSCOW Reuters - Russia's Federal Anti-Monopoly Service said on Monday it had opened a case into price-fixing allegations concerning Apple iPhones.

"The Anti-Monopoly Service sees signs of price fixing violations in the Russian Federation at Apple iPhone resellers, which resulted in the same prices for these smartphones," it said in a statement.

A representative for Apple in Russia was not immediately available for comment.

The anti-monopoly body said it had opened its case after an appeal from a citizen with information that identical prices had been set for iPhone 6s and iPhone 6s Plus models, which appeared in Russia in October 2015, at 16 major resellers.

It said that an investigation had showed that resellers had set identical prices and kept them at that level for a certain time period, including for other models.

Jonathan Godbey 2016-08-09
img

Russian, the land of ballet, borscht, and the world s largest ceremonial bell, is allegedly also home to practices of a more unsavory sort — price fixing.

It s opened a case against the Cupertino, California-based company.

The allegations apparently sprung from a citizen with information about incongruities in Russia s smartphone resale market.

According to FAS investigators, 16 unaffiliated third-party retailers maintained an agreed-upon price for Apple s iPhone 6s and 6s Plus models for a certain period of time — as early as October 2015.

The Anti-Monopoly Service sees signs of price-fixing violations in the Russian Federation at Apple iPhone resellers, which resulted in the same prices for these smartphones, the agency said in a statement.

The formal filing follows months of legal discovery by FAS head Andrei Filimonov.

Timothy Corn 2016-06-21
img

On Tuesday, Amazon started issuing refunds as part of Apple s price-fixing settlement.

If you are eligible, we have already calculated your credit for you and added it to your Amazon account, according to Amazon s webpage explaining the settlement.

The credits will show up as a gift card and automatically applied to future purchases via Amazon.com or the Amazon apps.

You will have until 11:59 pm PDT on June 24, 2017, to use the credits.

As part of the settlement, Apple paid $400 million back to ebook buyers, who will receive $6.93 for every purchase of a New York Times bestseller and $1.57 for every other ebook.

This settlement applies to ebook purchases from other sellers, too, including Apple and Barnes & Noble.

Dwayne Alcorn 2017-10-23
img

The US Department of Justice suspects Nippon Chemi-Con was one of eight global manufacturers that conspired to drive up the price of the ubiquitous components for more than 15 years.

The indictment is part of an ongoing campaign by the DoJ to break up the global capacitor price-fixing ring that has also included the likes of Hitachi Chemical and NEC Tokin.

According to prosecutors, between 1997 and 2014, Nippon Chemi-Con and the other manufacturers illegally inflated the price of capacitors by agreeing to rig bids they gave to electronics suppliers and fabricating reasons why the prices were remaining high.

The higher prices then allowed the suppliers to continue to charge top dollar (or in this case top cent) for the bulk capacitor orders they signed with the companies that make devices that rely on capacitors, such as PCs, monitors, and TV sets, among other things.

This conspiracy, the DoJ alleges, was forged by executives within the various manufacturers in a series of meetings held in the US and overseas, and the instructions for the price fixing were then distributed throughout the organizations.

All of this is said to have been done in violation of US Code Section 15 Chapter 1 provisions on antitrust and monopoly behavior.

Danny Duck 2016-07-17
img

Uber has been knee-deep in legal battles lately, and recent reports show that the tactics used by its investigative contractor, Ergo, have been anything but aboveboard.

This came to light in a recent court battle filed by customer Spencer Meyer against the ridesharing company and listing Uber CEO Travis Kalanick, according to Law360.

The class action alleges that Uber participated in a price fixing scheme that violated antitrust laws.

Uber enlisted Ergo to investigate Meyer under the pretense that he may pose a security risk to Kalanick.

Ergo not only investigated Meyer, but also investigated his attorney.

Critics point out that if Ergo was only investigating Meyer as a security risk to Kalanick, that there would be no need to investigate Meyer s lawyer.

William Ly 2016-08-09
img

Russia investigating iPhone price-fixing case

Apple has again fallen prey to price-fixing allegations in Russia with regards to iPhone.

The Federal Antimonopoly Service of Russia said that it has opened investigations into the allegations after an appeal from a citizen who claimed identical prices had been set for iPhone 6s and 6s Plus models – which were launched in September last year – at 16 major retailers.

Investigations suggest resellers had quoted identical prices and kept them for over a certain period of time, the anti-monopoly body said.

A similar practice has been followed for other iPhone models as well.

MTS has been mentioned as one of the resellers in the anti-monopoly service's statement.

Robert Rock 2016-08-08

MOSCOW-—Russia s federal antitrust body has opened a case into possible price-fixing by Apple Inc. and some Russian smartphone retailers, making the Cupertino, Calif., company the latest U.S. tech giant to draw attention from Russian regulators.

The Federal Anti-Monopoly Service said it was investigating a claim that Apple and 16 resellers colluded to fix prices of the iPhone 6s and iPhone 6s Plus on the local market starting in October 2015.

The agency said prices had been set at the same level across a majority of retailers and held there for some time.

The FAS believes that such a coincidence could be the result of a coordination of the pricing of Russian resellers by the Apple group of companies, the agency said in a statement on its website.

Andrei Filimonov, the head of the FAS s anti-cartel unit, told Interfax news agency in February that the unit had begun looking into allegations of iPhone price-fixing.

He said that the companies in question could be fined up to 15% of iPhone sales revenue.

Kyle Greathouse 2016-08-10
img

Image caption The FAS has opened a case against Apple

Apple has rejected accusations from Russia's state competition watchdog that it fixed iPhone prices.

The Federal Anti-Monopoly Service FAS said it was investigating "signs of price-setting coordination" among iPhone resellers following a complaint from a member of the public.

Apple told Reuters it did not control its products' pricing.

"Resellers set their own prices for the Apple products they sell in Russia and around the world," it said.

A citizen told the FAS that the iPhone 6s and iPhone 6s Plus, which went on sale in Russia in October 2015, were priced identically across all 16 major Russian retailers.

Thomas Cann 2017-08-30
img

L-ion kings to cough up profits – it's the circuit, er, circle of life

Three battery manufacturers agreed to settle a lawsuit that claimed they conspired to fix the price of lithium-ion battery cells for more than a decade.

LG, Hitachi, and NEC will join Sony (who previously settled) in a deal to pay out $64.65m [PDF] to Americans who purchased any device containing one of their cylindrical li‑ion battery cells.

The cells were sold between January 1, 2000 and May 31, 2011 and were used in everything from laptop PCs to video cameras and power tools.

The class-action suit had accused the four suppliers of meeting in 1999 and agreeing to work together to inflate the price of the L‑ion battery cells they manufactured and sold to OEMs.

For more than a decade, it was argued, the companies had regular meetings and communications where they decided on the set price they would charge for battery cells and packs.

Mary Condie 2016-08-09

MOSCOW Reuters - Apple Inc on Tuesday rejected allegations from Russia's state competition watchdog it may have been involved in fixing prices for iPhones, saying resellers set their own prices.

Apple reacted a day after Russia's Federal Anti-Monopoly Service FAS said it had opened a case into the allegations after a consumer had pointed out that identical prices had been set for iPhone 6s and iPhone 6s Plus models, which appeared in Russia in October 2015, at 16 major resellers.

Apple, in emailed comments, said it did not oblige Russian resellers to fix prices for its products.

"Resellers set their own prices for the Apple products they sell in Russia and around the world," the company's press office said.

FAS said it was looking into the idea that Apple had somehow obliged Russian resellers to treat its recommended product prices as mandatory.

It said an investigation had shown that retailers had set identical prices and kept them at that level for a certain time period, including for other models.

Jesse Rodriguez 2016-06-21
img

On Tuesday, Amazon started issuing refunds as part of Apple s price-fixing settlement.

If you are eligible, we have already calculated your credit for you and added it to your Amazon account, according to Amazon s webpage explaining the settlement.

The credits will show up as a gift card and automatically applied to future purchases via Amazon.com or the Amazon apps.

You will have until 11:59 pm PDT on June 24, 2017, to use the credits.

As part of the settlement, Apple paid $400 million back to ebook buyers, who will receive $6.93 for every purchase of a New York Times bestseller and $1.57 for every other ebook.

This settlement applies to ebook purchases from other sellers, too, including Apple and Barnes & Noble.

Bill Davis 2016-12-08

The Chinese government s punishment of a medical-equipment supplier for price-fixing could be the opening to wider scrutiny of health-care costs.

The National Development and Reform Commission this week fined Medtronic PLC 118.5 million yuan $17 million for refusing to let dealers and distributors discount prices for the company s insulin pumps, pacemakers and other medical devices.

It said this raised costs to patients.

This was the first time the commission had fined a medical-device maker, according to the state broadcaster CCTV.

The news was widely covered in official media—usually a sign of a major investigative push.

Medtronic is just the tip of the iceberg, according to the China Economic Herald, the commission s official publication, which reports that 100 pharmaceutical and medical-device companies are under the microscope.

Michael Rase 2016-12-16
img

Five model agencies and fashion industry associations have received a total of £ 1.5 million, or 1.79 million fine in the Uk, told the Reuters news agency.

Fine's the price of appropriate and even strengthening of, inter alia, journal of fashion descriptions and ad campaigns.

the Punishment received in the offices of the FM Models, Models 1, Premier, Storm and Viva.

the competition authority CMA:according to the office, you discuss a number of work subordinates with when negotiating prices with their customers.

the most Expensive descriptions of the paid up more than £ 10,000, i.e. approximately 12 000 eur.

"the Parties vahtoivat data regularly and systematically and discussing the price of customer level," said the CMA.

Thomas Nye 2016-06-20
img

Hagens Berman Sobol Shapiro LLP, the class-action law firm that handled the case, says eligible consumers will receive a $6.93 credit for every e-book which was a New York Times bestseller and a $1.57 credit for other e-books.

Credits will automatically be loaded into the accounts of consumers at major book retailers including Amazon, Barnes & Noble, Kobo and Apple.

Those who elected to receive cash in lieu of credits should receive their checks soon.

Members of the suit allege that Apple worked with five publishers in 2010 to artificially raise the prices of e-books which the law firm says caused the price of e-books to increase 30 to 50 percent.

A federal judge in 2013 found Apple guilty and after a series of failed appeals, Apple is being forced to pay the $450 million settlement.

Only $400 million will go to consumers with the remainder earmarked for legal fees and states involved in the suite.

Angel Collins 2016-06-21
img

The refund comes as part of Apple's settlement over ebook price fixing allegations, with anybody who bought Kindle titles from five specific publishers due to get a percentage of the purchase price back: today, it's the turn of Amazon's customers.

"As a result of this Settlement, qualifying eBook purchases from any retailer are eligible for a credit."

In order to qualify, you need to have purchased an ebook published by Hachette, HarperCollins, Simon & Schuster, Penguin, or Macmillan, between April 1st, 2010, and May 21st, 2012.

The credits for Kindle users are showing up automatically today - Amazon is doing all the calculations and claims itself, though does say that if you believe you were due some money back but haven't see it, to contact customer services.

The Cupertino firm agreed to pay around $400m to as many as 23 million ebook customers across a variety of platforms, in addition to $50m in legal fees.

Individual publishers involved have also had to cough up refunds to users, with estimates in late 2012 suggesting that could be as much as $1.32 per eligible title.