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The Department of Justice is the nation's 'law firm' and the home of its primary federal law enforcement agencies. In the federal government of the United States, the Attorney General is a member of the Cabinet and as head of the Department of Justice is the top law enforcement officer and lawyer for the government. The mission of the Antitrust Division is the promotion and maintenance of competition in the United States economy. The Antitrust Division is the primary advocate of competition within the executive branch and works regularly with Congress, urging that the marketplace, through purchase decisions made by consumers rather than government agencies, determine the products and services that businesses will provide.
The former president of a California marine products company has agreed to plead guilty for his role in a conspiracy to rig bids and allocate customers with respect to marine products purchased by the U.S. Navy, the U.S. Coast Guard and other public and private entities, the Department of Justice announced today.
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The Department of Justice today issued a report on competitive developments in the telecommunications industry. The report, "Voice, Video and Broadband: The Changing Competitive Landscape and Its Impact on Consumers," is the result of a Telecommunications Symposium hosted by the Department on Nov. 29, 2007.
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The Department of Justice announced today that it will require InBev N.V./S.A. to divest subsidiary Labatt USA, along with a license to brew, market, promote and sell Labatt brand beer for consumption in the United States, in order to proceed with InBev's $52 billion acquisition of Anheuser-Busch Companies Inc. Get more information on this topic by clicking on the link.
Today, we are taking action against several international cartels involving a $70 billion dollar a year industry involving liquid crystal display panels, more commonly known as LCD panels. Three leading electronics manufacturers–LG Display Company Limited, Sharp Corporation and Chunghwa Picture Tubes Limited–have agreed to plead guilty and pay a total of $585 million in criminal fines for their roles in several distinct conspiracies to fix the prices of LCD panels.
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Three leading electronics manufacturers–LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd.–have agreed to plead guilty and pay a total of $585 million in criminal fines for their roles in conspiracies to fix prices in the sale of liquid crystal display (LCD) panels, the Department of Justice announced. Of the $585 million in fines, LG will pay $400 million, the second highest criminal fine ever imposed by the Department’s Antitrust Division.
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Attorney General Michael B. Mukasey issued the following statement on the resignation of Assistant Attorney General Thomas O. Barnett of the Antitrust Division.
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Yahoo! Inc. and Google Inc. abandoned their advertising agreement after the Department of Justice informed the companies that it would file an antitrust lawsuit to block the implementation of the agreement.
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The Department of Justice announced today that it will require Verizon Communications Corp. (Verizon) to divest assets in 100 areas in 22 states in order to proceed with its $28 billion acquisition of Alltel Corp.
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The Department of Justice’s Antitrust Division issued the following statement today after the Division announced the closing of its investigation of the proposed merger of Delta Air Lines Inc. and Northwest Airlines Corporation.
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The vice president of an El Paso, Texas, door and hardware company has agreed to plead guilty to conspiring to rig bids and allocate customers for contracts to supply and install doors and hardware for construction projects in the El Paso area, the Department of Justice announced today. Get more information on this topic by clicking on the link.