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May 24, 2024 · When the N.C.A.A. and the major athletic conferences agreed on Thursday night to a $2.8 billion settlement of a class-action antitrust lawsuit by college athletes, it was a pivotal moment in...
Jun 21, 2021 · The association argued that the payments were a threat to amateurism and that barring them did not violate the antitrust laws.
May 24, 2024 · The NCAA and schools are already lobbying Congress to pass a federal antitrust exemption for college sports that would protect them from future lawsuits over pay.
- Becky Sullivan
- Executive Summary
- Introduction
- Findings
- Most Penalized Sectors and Industries
- Most Penalized Corporations
- Price-Fixers from Abroad
- Conclusion
- Methodology
Large companies operating in the United States have, since the beginning of 2000, paid $96 billion in fines and settlements to resolve allegations of covert price-fixing and related anti-competitive practices in violation of antitrust laws. Illegal pricing conspiracies have occurred in a wide range of industries, affecting the cost of products rang...
Capitalism is typically portrayed as a system of constant competition in which prices are determined by supply and demand. Producers of goods and services are said to constantly vie with one another in the quest for sales. In truth, however, large companies often evade competition and instead collude with one another to control markets to their mut...
Since January 2000, corporations across the U.S. economy have paid $96 billion in fines and settlements to resolve allegations of price- fixing and similar anti-competitive practices. These penalties resolved more than 2,000 cases covering a wide range of goods and services—from simple items such as packaged ice and shoes to electronic components a...
Price-fixing conspiracies have been litigated throughout the U.S. business world. To illustrate the range, we tagged each of the 2,000 cases with both a broad sectoral category and a more specific industrial group. Table 2 shows the breakdown by six sectors: Consumer Products, Financial Services, Healthcare, Industrial Products, Information Technol...
Nearly 1,300 different companies have been identified as defendants in our list of price-fixing cases. After matching these to the universe of parent companies in Violation Tracker, we were able to identify which parents have themselves or through their subsidiaries paid the most price- fixing penalties across their U.S. operations. More than 130 p...
Price-fixing seems to go together with globalization. Companies with parents based outside the United States are frequent defendants in actions brought by the Justice Department, state attorneys general and private plaintiffs. Overall, foreign parents and their subsidiaries account for 1,168 cases (57 percent of our list) and $47 billion in fines a...
Price-fixing and related anti-competitive practices have been found throughout the U.S. economy. While more common in business-to- business transactions, they ultimately affect the prices paid by consumers and thus contribute to inflation. Large corporations in a wide range of industries have been accused of participating in illegal price conspirac...
The data in this report is based on information collected to create entries for the Violation Tracker database. The details of cases brought by the Justice Department, other federal regulators and state attorneys general come from the agencies themselves, usually in the form of press release announcements posted on their websites. We include all ca...
Morrissey first won a $420 million jury verdict (after trebling) in an antitrust case based on Tyco Healthcare Group’s monopolization of the market for pulse oximetry products.
Mar 29, 2012 · But on Wednesday, Marshall, who was convicted three years ago of defrauding his mother’s estate, agreed to accept a settlement of a relatively paltry (for him) $14.4 million. Not only is this...
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Mar 22, 2003 · On the morning of Friday the fifth, a jury in New York awarded another Boies client, this one a Manhattan real-estate developer, $11.6 million in a contractual dispute.
