Recent Development in Antitrust and International Trade Law

LCD PRICE-FIXING CONSPIRACY

April 27, 2009 at 6:32 pm

On April 27, 2009, Bock Kwon, a high level executive at LG Display Co. Ltd. (“LG”) pled guilty, agreed to serve one year in prison in the United States and pay a criminal fine of $30,000 for his role in a conspiracy to suppress and eliminate competition in the Thin […]

DOJ’S ANTITRUST DIVISION ANNOUNCE NEW LEADERSHIP TEAM

April 22, 2009 at 6:27 pm

On April 22, 2009, the Department of Justice’s Antitrust Division announced its leadership team. The new team includes the Chief of Staff, four Deputy Assistant Attorneys General, a Special Counsel for Competition Policy. Two Deputy Assistant Attorney Generals will oversee civil matters, one Deputy Assistant Attorney General will oversee economic […]

ILLINOIS REFUSE CONTAINER REPAIR COMPANY EXECUTIVES INDICTED

April 21, 2009 at 6:24 pm

On April 21, 2009, Douglas E. Ritter, president of a refuse disposal container repair company, and Stephen Fenzl, vice-president of the same company, were charged with conspiracy to commit mail and wire fraud, two counts of mail fraud and one count of wire fraud. According the indictment, Mr. Ritter and […]

ASSISTANT ATTORNEY GENERAL CHRISTINE A. VARNEY WILL LEAD DOJ’S ANTITRUST DIVISION

April 20, 2009 at 6:21 pm

On April 20, 2009, the U.S. Senate approved the appointment of Christine A. Varney as Assistant Attorney Generals. Ms. Varney will lead the Department of Justice’s Antitrust Division. From 1990 to 1992, Ms. Varney was an associate at Hogan & Hartson’s. In 1997, she became a partner at the law […]

AIRLINES PLEAD GUILTY FOR THEIR ROLE IN WORLDWIDE CONSPIRACY TO FIX AIR CARGO PRICES

April 9, 2009 at 6:17 pm

On April 9, 2009, Cargolux Airlines International, Nippon Cargo Airlines, and Asiana Airlines, pled guilty and agreed to pay criminal fines totaling $214 million for their role in worldwide conspiracy to fix to fix prices in the air cargo industry. The three airlines took part in the conspiracy between 2000 […]

CONTRACTOR PLEADS GUILTY TO MISLEADING LAW ENFORCEMENT OFFICIALS IN ONGOING ANTITRUST INVESTIGATION

April 8, 2009 at 6:15 pm

On April 8, 2009, Stephen E. McAnulty, a former owner of an asbestos monitoring contractor that provided services to New York Presbyterian Hospital (“NYPH”), pled guilty to making false statements to agents and representatives of the Federal Bureau of Investigation and Department of Justice’s Antitrust Division. According to the charge, […]

FTC BLOCKS BASF/CIBA $5.1 BILLION MERGER

April 2, 2009 at 9:14 pm

On April 2, 2009, the Federal Trade Commission (“FTC”) required BASF, a world leading chemical company based in Germany, to divest assets related to two high performance pigments of Ciba Holding Inc (“Ciba”) in order for BASF’s proposed $5.1 billion acquisition of Ciba to proceed after the statutory public comment […]

TWO INDIVIDUALS CONVICTED FOR CONSPIRING TO COMMIT BRIBERY

April 2, 2009 at 6:01 pm

On April 2, 2009, Durwanda Elizabeth Morgan Heinrich, a dirt, sand, and gravel subcontractor, and Kern Carver Bernard Wilson, a former contract employee of the U.S. Army Corps of Engineers were convicted on charges of conspiring to commit bribery. Additionally, Heinrich was found guilty of two counts of offering a […]

FORMER HOME DEPOT EMPLOYEES SENTENCED FOR THEIR ROLE IN CONSPIRACY TO DEFRAUD HOME DEPOT

April 2, 2009 at 5:57 pm

On April 2, 2009, Ronald K. Johnston and James P. Robinson, two former employees of Home Depot, were sentenced to federal prison and were ordered pay restitution fees for their role in a conspiracies to commit wire and tax fraud against its former employer. Mr. Johnston and Mr. Robinson were […]

KICKBACK SCHEME TO DEFRAUD NEW YORK CITY HOSPITAL

April 2, 2009 at 5:51 pm

On April 2, 2009, Krzysztof Koczon, a resident of Connecticut, pled guilty for his role in a conspiracy to defraud the Internal Revenue Service (“IRS”). Mr. Koczon provided his co-conspirators with false documentation stating that he performed certain construction services and received more than $2.3 million in checks from his […]