Be wary of Internet prescription drug sites | NewsChief.com | News Chief | Winter Haven, FL: "It has been said that anything can be bought over the Internet. The Internet has truly changed the way people not only shop in the United States but how they work and live. The Internet has made it possible to compare prices without even leaving your home. Unfortunately, not everything sold on the Internet is what it seems to be. Anyone who is even considering buying medications over the Internet should re-consider the simple fact that Web sites that sell medications may not be U.S.-or state-licensed pharmacies. In fact, some are not pharmacies at all."
McClatchy Deal's Antitrust Okay Comes With Warning To MediaNews, Hearst: "The U.S. Justice Department's Antitrust Division gave the buyers and the sellers of the San Jose Mercury News and two other Bay Area dailies just about everything they could wish for. In addition to concluding The McClatchy Co.'s sale of the Mercury News and Contra Costa Times to MediaNews 'is not likely to reduce competition substantially,' the agency's statement also asserted that Bay Area residents 'will benefit' from the savings MediaNews will realize if and when it consolidates production and delivery of the papers." [Editor & Publisher]
"Rambus Inc. engaged in ''deceptive conduct'' in its bid to control patents for high-speed computer-memory chips, the Federal Trade Commission said in a ruling that may limit the company's ability to collect royalties. " [Salt Lake Tribune]
CNW Group: "Sawbell Lumber Co., Norwood Sash & Door Manufacturing Co., Columbare Inc., West Lumber Co., and Frontier Lumber Co. Inc. are the named plaintiffs in the five lawsuits. Each named plaintiff seeks to have the case certified as a class action, with the named plaintiff serving as the representative of a class of persons and entities that purchased OSB in the United States directly from any of the named North American OSB producers between June 1, 2002 and the present. "
Ainsworth Lumber Named in US Class Action Lawsuit Against North American OSB Producers: "Ainsworth Lumber Co. Ltd. ('Ainsworth') (TSX:ANS) announced today that it has been named as a defendant in several lawsuits filed in the United States District Court for the Eastern District of Pennsylvania. A number of other North American oriented strand board ('OSB') producers have also been named as defendants in one or more of the lawsuits. Each lawsuit alleges that the named defendants violated United States antitrust laws in relation to the pricing and supply of OSB from mid-2002 to the present. " [Businesswire.com]
DisplayPage: "Five lawsuits have been filed against eight North American OSB producers alleging that the companies conspired to reduce OSB supplies and fix prices in violation of U.S. antitrust laws. The suits were filed in the U.S. District Court for the Eastern District of Pennsylvania on behalf of Norwood Sash & Door Manufacturing Co., Sawbell Lumber Co., Columbare Inc.,West Lumber Co., and Frontier Lumber Co. Named as defendants are Louisiana-Pacific, Georgia-Pacific, Weyerhaeuser, Potlatch, Ainsworth, Norbord, J.M. Huber, and Tolko. The suits cover the period from June 1, 2002, through the present. Each is filed as a class action." [SBCMag.info]
Business | Reuters.co.in: "Air Canada parent ACE Aviation Holdings Inc. said on Wednesday that Canada's antitrust agency is investigating carriers that provide international air cargo services in a widening of the global investigation of suspected price-fixing. 'We did receive yesterday a letter from the Competition Bureau of Canada stating that it has begun an investigation into the activities of carriers that are engaged in the provision of international air cargo services to and from Canada,' Isabelle Arthur, spokeswoman for ACE Aviation, told Reuters." [Reuters India]
Asia Times Online :: China News, China Business News, Taiwan and Hong Kong News and Business.: "Asian airlines are waiting anxiously for the other shoe to drop in a price-fixing scandal whose widening global net has cast a pall over the US$50 billion air-cargo business. Japan Airlines, Cathay Pacific Airways, Singapore Airlines, Nippon Cargo Airlines and two South Korean carriers - Korean Air and Asiana Airlines - have all confirmed that they are being investigated for possible cartel activity. [AsiaTimes] The probe comes at a time when Asian airlines are licking their chops over the burgeoning air cargo business in China. With Chinese airlines still primarily focused on the passenger side of aviation, foreign carriers are positioning themselves to take advantage of the booming sector. "
AWST STORY: "Last week, officials raided offices of many airlines in Frankfurt, Chicago, San Francisco, New York, Seoul and other cities. In some cases, computers were confiscated as evidence. Investigators requested information from several more carriers without searching facilities. While the investigation's primary focus is in Europe, authorities in Asia and the U.S. cooperated, too, with the European Commission and the U.S. Department of Justice understood to be the driving forces. [AWST] 'The commission has reason to believe that the companies concerned may have violated' antitrust laws, the EC says in a statement. A spokesperson for the Justice Dept. confirms that 'the antitrust division is investigating the possibility of anti-competitive practices in the air cargo industry.'"
The Australian: Raids rock alleged air cargo cult [February 16, 2006]: "A WORLDWIDE cartel probe has seen European, US and South Korean antitrust officials jointly raiding the offices of major airlines. The probes involve British Airways, Lufthansa, Air France-KLM, Japan Airlines, Korean Air, Asiana Airlines and several other air cargo companies."
"Lucent Technologies Inc. last week disclosed it has been asked to supply documentation to a federal grand jury in Georgia examining antitrust violations of the schools and libraries subsidy program known as the E-rate.
"The subpoena 'relates to a Department of Justice investigation of potential antitrust and other violations by various participants in connection with the federal E-rate program. The subpoena requires us to produce documents before a grand jury of the U.S. District Court in Georgia,' Lucent told the Securities and Exchange Commission. 'It is too early for us to determine whether this matter will have a material effect on our business, financial position, results of operations or cash flows.'" [RCR Wireless News]
"Because the questions of antitrust are still very much with us, there is always need for a good book to remind us how much harm antitrust actions can do. Unfortunately, 'The Abolition of Antitrust' (Transaction, 176 pages, $39.95) is not that book. A collection of essays on the economics, legal history, and morality of antitrust, its essayists quote liberally and lovingly from Ayn Rand. Unsurprisingly, their take on antitrust laws is that they should not exist. More surprisingly, they fail to make even a superficially convincing case for this view." [The New York Sun - NY Newspaper]
"South Korean antitrust investigators are probing Intel's dealings with local PC makers, it has emerged.
"In June, Korea's Fair Trade Commission asked Intel to supply information regarding 'marketing and rebate programmes' put in place by the chip giant's Korean subsidiary, Intel's latest filing with the US Securities and Exchange Commission (SEC) reveal." [Channel Register]
"Probe Into Fertiliser Sector New Blow to Sasol: "IN THE latest of a spate of clashes with competition authorities in SA and Europe, Sasol faces the possibility of coughing up about R6bn for alleged anticompetitive conduct in the fertiliser industry." [AllAfrica.como]
"SHORTLY after Sasol and Total last month abandoned plans to establish a global wax joint venture, the European Commission launched an investigation into Sasol’s wax business as part of its industry-wide probe into alleged anticompetitive behaviour." [Business Day: South Africa]
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