Tags: Justice Department

PetroChina Fined $14.5 Million for US Export Law Violation, DOJ Says

PetroChina Fined $14.5 Million for US Export Law Violation, DOJ Says

PetroChina International America has agreed to pay a fine and forfeiture totaling $14.5 million for violations of US export law.


Boeing may be Charged by US Prosecutors for Violating 2021 Settlement, According to Sources

Prosecutors recommended that the US Department of Justice file charges against Boeing after discovering it allegedly violated a settlement made in 2021 that shielded it from criminal charges.

US Initiates Antitrust Investigations on Nvidia, Microsoft, OpenAI as Part of Big Tech Scrutiny

The US Justice Department and the Federal Trade Commission reached an agreement that allowed them to proceed with antitrust inquiries into the significant roles Microsoft, Nvidia, and OpenAI have been doing in the development of artificial intelligence.

US House Lawmakers Ask Justice Department to Launch Antitrust Probe on OPEC, Oil Companies

Democratic US House lawmakers are urging the Justice Department to investigate possible antitrust violations among US oil producers and OPEC.


Latest News

US Justice Department to Scrutinize Disney, Fox, Warner Sports Streaming Venture: Report
The US Department of Justice plans to investigate the new streaming venture between Walt Disney Co., Fox Corp., and Warner Bros. Discovery Inc. amid concerns of potential harm to consumers, media competitors, and sports leagues.
Ford introduced a new technology that makes its police cars doors able to hold powerful rifles strikes. It was the first police cars doors to be passed by the Justice Department to provide level IV protection.
General Electric Co. terminated the agreed $3.3 billion acquisition of Sweden's Electrolux AB on its appliance business. According to The Wall Street Journal, GE was under pressure by the U.S. Justice Department, which was blocking the sale due to antitrust issues.
The Justice Department launched an investigation on drug makers Merck & Co, Valeant Pharmaceuticals International, and Eli Lilly & Co for alleged over pricing. The Wall Street Journal reported that the US Attorney's office in Eastern District of Pennsylvania, along with the Justice Department's civil division set a probe on Merck, Eli Lilly, and Valeant on how these drug makers calculate and report their product pricing to the government medical rebate program.
Gay couples can now collect their Social Security benefits, the government announced Thursday. According to the advisory, same-sex married couples who resides in states that haven't yet legalized their unions and who have filed claims for their Social Security benefits can now get those payments.
General Motors Co (GM.N) Chief Executive Officer Mary Barra said on Tuesday that Fiat Chrysler Automobiles NV (FCHA.MI) CEO Sergio Marchionne sent an email proposing a potential merger, and that GM's board gave "strong support" to her strategy of going it alone.
Standard Chartered (STAN.L) will face another three years of scrutiny for compliance with U.S. standards related to sanctions against certain countries, according to documents filed on Tuesday that also noted another probe of the bank is underway.
According to a report by the South China Morning Post, the approved merger of American Airlines and US Airways to form the largest airline by revenues in the world is not good news for passengers.
American Airlines Inc was slapped with another lawsuit claiming its merger with US Airways Inc would break antitrust laws, putting another roadblock on its exit from bankruptcy.
JPMorgan Chase & Co finalized a USD13-billion settlement with the US Justice Department to end a long legal fight over the bank's risky mortgage practices that helped pull down the country's economy.
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