In the News – From the DOJ – Antitrust

DOJ Press Release

LONG ISLAND DEFENSE CONTRACTOR EMPLOYEE PLEADS GUILTY TO BID RIGGING AND CONSPIRACY TO COMMIT WIRE FRAUD

WASHINGTON — A former employee of a Long Island, N.Y., defense contractor pleaded guilty to participating in a conspiracy to rig bids on military contracts for Navy straps that are used to secure munitions and other supplies, the Department of Justice announced today. Navy straps are a type of tiedown equipment used by the U.S. Navy to secure munitions and other supplies for transportation on ships and airplanes….

DOJ Press Release

FORMER U.S. EXECUTIVE OF ITALIAN MARINE HOSE MANUFACTURER
AGREES TO PLEAD GUILTY TO PARTICIPATING IN
WORLDWIDE BID-RIGGING CONSPIRACY

Former Executive Agrees to Serve Jail Time

WASHINGTON — A former U.S. executive of Manuli Rubber Industries SpA, a Milan, Italy-based marine hose manufacturer, has agreed to plead guilty and serve jail time for participating in a conspiracy to rig bids, fix prices and allocate market shares of marine hose in the United States and elsewhere, . . .

DOJ Press Release

JAPAN AIRLINES INTERNATIONAL AGREES TO PLEAD GUILTY AND PAY
CRIMINAL FINE FOR FIXING PRICES ON CARGO SHIPMENTS

WASHINGTON — Tokyo-based Japan Airlines International Co. Ltd. (JAL) has agreed to plead guilty and pay a $110 million criminal fine for its role in a conspiracy to fix rates for international cargo shipments, the Department of Justice announced today. . .

(esp)


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