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Thursday
Sep302010

Mega Corps Plead Guilty In Price-Fixing Case

The Department of Justice (DOJ) announced on Thursday that a pair of  giant manufacturers have agreed to plead guilty in a case involving the price fixing of refrigerant compressors.

“These are the first charges as a result of the Antitrust Division’s ongoing investigation into the worldwide refrigerant compressors market,” said Christine Varney, Assistant Attorney General in charge of the Department of Justice’s Antitrust Division.  “We are committed to investigating and bringing to justice those who engage in this kind of international price fixing.”

Read more about the case here.

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