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Boeing fined $12m by US air regulator

2015-12-22 17:11:42| BBC News | Business | UK Edition

Aircraft maker Boeing is to pay a $12m (8m) fine for "multiple pending and potential enforcement cases", US air regulator the FAA says.

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VIDEO: Rail regulator receives super-complaint

2015-12-21 09:56:15| BBC News | Business | UK Edition

Train companies are making it too difficult for delayed rail passengers to receive compensation, consumer group Which? has argued.

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Mexico telecoms regulator backs AT&T and Telefonica spectrum deal

2015-12-18 10:06:41| Telecom - Topix.net

Mexico's telecoms regulator on Thursday said it had approved swaps of frequency blocks and a spectrum rental deal between AT&T Inc and Telefonica SA, the main competitors to the country's dominant player, Carlos Slim's America Movil. The Federal Telecommunications Institute said it had authorized the swaps and the rental deal that would allow AT&T to use spectrum in the range of frequencies in the 1.7/2.1 GHz band in some regions, and for Telefonica's local unit to use it in the frequency ranges of the 1.9 GHz band.

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Real estate agents faces wrath of regulator

2015-12-16 22:02:06| Real Estate - Topix.net

Thirteen real estate companies are being prosecuted by the Commerce Commission after a 20-month investigation into alleged price-fixing and anti-competitive behaviour. Barfoot and Thompson, Harcourts, LJ Hooker, Ray White and Bayley Corporation are among the firms being prosecuted.

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UPDATE 1-Peru regulator eyes sanctions over tissue cartel

2015-12-15 20:51:51| Paper - Topix.net

Dec 15 Peru's consumer regulator said on Tuesday it was considering sanctions over a possible price-fixing cartel between the two companies who dominate the local tissue market - subsidiaries of Kimberly-Clark Corp and CMPC. "According to preliminary investigations, these companies, the principal sellers of toilet paper and other tissue products ... in the Peruvian market, fixed the prices of their products and other commercial factors such as discounts and promotions nationally from 2005 to 2014," said the regulator, Indecopi.

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