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Competition Bureau says Toyo Tire fined $1.7M in bid-rigging scheme

2015-12-10 01:54:09| Automakers - Topix.net

Japanese tire manufacturer Toyo Tire & Rubber has will pay a $1.7-million fine after pleading guilty today to three counts of bid-rigging under Canada's Competition Act. The Competition Bureau says the fine was punishment for Toyo's participation in an international bid-rigging conspiracy related to the supply of anti-vibration components to Toyota Motor Corp. The bureau says that between June 2004 and August 2006 Toyo engaged in secret agreements with other suppliers of anti-vibration components in response to requests for quotes issued by Toyota for certain Corolla, RAV 4 and Lexus 350 RX models.

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SABMiller deal will increase US competition - Anheuser-Busch InBev's CEO

2015-12-08 17:52:00| Daily beverage news and comment - from just-drinks.com

Anheuser-Busch InBev CEO Carlos Brito has told a Senate committee that his company's takeover of SABMiller will make the US beer market more competitive, not less.

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EU accuses Qualcomm of competition violations

2015-12-08 13:29:00| Telecompaper Headlines

(Telecompaper) The European Union has found that Qualcomm violated competition law by paying a customer to use its chips and selling products below cost to drive out rivals. The European Commission sent a formal statement of objections to the US-based company outlining the findings of its preliminary investigation. Qualcomm will have the opportunity to respond to the allegations before the EC decides whether to impose sanctions on the company. 

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EU plans measures to even competition with non-EU airlines

2015-12-07 13:41:04| Airlines - Topix.net

The European Commission is considering new measures to tackle what it sees as unfair competition from non-EU airlines as part of a package of proposals unveiled on Monday designed to boost the competitiveness of Europe's aviation sector. The Commission, the EU executive, also asked national governments to give it a mandate to start talks on air transport agreements with a number of countries including China, Turkey, United Arab Emirates, Kuwait and Qatar.

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Boston Beer Faces Too Much Competition

2015-12-05 17:51:54| Beverages - Topix.net

Its nitro products need to be very successful for it to re-accelerate growth in depletions and hit its 2016 guidance. Boston Beer is always a fun stock to analyze because I have worked as a bartender part-time for a few years.

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