Court upholds â‚¬17.6m fine on citric acid cartel
- Archer Daniels Midland Co. // Crain's Chicago Business;05/26/97, Vol. 20 Issue 21, p74
Reports that Commodity Futures Trading Commission barred two futures trading companies owned by Archer Daniels Midland Company (ADM) from hiring anyone involved in price fixing scandals. Other prohibitions levied on the companies.
- An Archer Daniels Midland. Hanson, Cynthia; McLaughlin, Abraham // Christian Science Monitor;7/12/95, Vol. 87 Issue 158, p2
Reports on the help given by an Archer Daniels Midland executive, to the police in uncovering an alleged price fixing scheme.
- ADM fined $100 million. D'Amico, Esther // Chemical Week;10/23/1996, Vol. 158 Issue 40, p14
Reports on Archer Daniels Midland's (ADM) agreement to plead guilty to two criminal charges for participating in a price-fixing scheme for lysine and citric acid. Settlement of anti-trust lawsuit with the US Department of Justice by paying $100 million.
- The fix was in at ADM. Greenwald, John; Donnelly, Sally B. // Time International (South Pacific Edition);10/28/96, Issue 44, p72
Reports that Archer-Daniels-Midland has pleaded guilty to conspiring to fix prices for the livestock feed-supplement lysine and for citric acid, an additive found in products from cosmetics to soft drinks. $100 million fine which was levied; Details of the plea bargain; The US Justice...
- Lysine. Connor, John M. // Choices: The Magazine of Food, Farm & Resource Issues;1998 3rd Quarter, Vol. 13 Issue 3, p13
Reports on the operation of the 1992-95 lysine conspiracy where several executives of Archer Daniels Midland company were involved. Market for lysine; Economic conditions facilitating price-fixing; Chronology and mechanics of price-fixing; Price-fixing injuries; Penalties for price-fixing;...
- The price of price fixing. Pound, Edward T.; Cohen, Gary // U.S. News & World Report;9/30/96, Vol. 121 Issue 13, p56
Relates that the United States Justice Department plans to charge the Archer Daniels Midland Co. (ADM) with charges of criminal antitrust violation. The department's investigation of allegations that ADM conspired to fix prices in the global market for lysine, a feed additive; Dwayne Andreas,...
- Cartel fines hiked as a deterrent. // ICIS Chemical Business;7/3/2006, Vol. 1 Issue 26, p11
The reports on the statement from the European Commission that companies participating in cartels, price-fixing and other abuses of a dominant market position face huge increases in fines in Europe. The guidelines will be published in the European Union's Official Journal. The guidelines also...
- EC fines firms involved in Netherlands bitumen cartel. Sapp, Meghan // ICIS Chemical Business Americas;9/18/2006, Vol. 270 Issue 10, p14
The article focuses on the imposition of fines against 14 companies by the European Commission for participating in a price fixing cartel of road bitumen in the Netherlands. A â‚¬108 million fine was imposed on repeat offender Shell while BP was granted immunity for revealing the price...
- Antitrust Enforcement And Corporate Activities. Kennedy, James P. // Corporate Board;May/Jun2000, Vol. 21 Issue 122, p7
Focuses on the need for corporate directors to be wary of the government crackdown on criminal antitrust activities which rob consumers of the benefits of competition in the United States (US). Four major federal antitrust laws; Four primary ways of enforcing the US federal antitrust laws;...