The DOJ said last week it collected $1.86 billion in criminal fines and penalties from antitrust prosecutions during the fiscal year that ended September 30, 2014.
Entries in Bridgestone (7)
An Italian citizen was extradited from Germany on a charge of participating in a conspiracy to suppress and eliminate competition by rigging bids, fixing prices, and allocating market share for marine hose sold in the United States and elsewhere, the DOJ said Friday.
By all accounts, Walmart's appetite for growth in Mexico was insatiable. The drive to dominate the retail market there, according to the New York Times, allegedly led the company to pay $24 million in bribes to fast track store permits.
In a post occasioned by the twentieth anniversary of the Federal Sentencing Guidelines for Organizations, I described two very different approaches to promoting compliance programs that exist within the U.S. Department of Justice.
As December is a time for reflection on the past twelve months, I have been considering the FCPA Enforcement Action year.
During the calendar quarter just ended, there were two corporate enforcement actions and two individual convictions.. . .
Bridgestone Corporation will plead guilty and pay a $28 million criminal fine for its role in conspiracies to rig bids and bribe foreign officials, the DOJ said today.