Unocal pays 2.95 million euros to settle price-fixing suit

Article Abstract:

Unocal Corp. has reached an agreement to pay a fine of $3 million (2.95 million euros) as a settlement for a price fixing lawsuit in California. The company was charged with gasoline price fixing. Unocal's decision leaves eight other major oil firms as defendants. Under the agreement, Unocal does not acknowledge any guilt. Unocal claims that the case has no merit and that it only agreed to the settlement as a "business decision."

Comment:

To pay fine of $3 million (2.95 million euros) as settlement for price fixing lawsuit in California

Petroleum, Petroleum and Coal Products Manufacturing, California, Petroleum industry, Unocal Corp.

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UCAR sues its former parents

Article Abstract:

UCAR International Inc. is suing Mitsubishi Corp. and Union Carbide Corp. in US District Court. UCAR is suing its former parents for $1.50 billion (1.49 billion euros) in price-fixing damages.

Carbon and graphite products, Carbon & Graphite Electrical Prods, Carbon and Graphite Product Manufacturing, Electrical equipment and supplies industry, Electric equipment industry, Union Carbide Corp., UK, Mitsubishi Corp., Graphite electric equipment, UCAR International Inc., UCR

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Napsterization of movies: Hollywood faces earlier-than-expected debut of Web piracy

Article Abstract:

DivX is the new technology which enables individuals to copy motion pictures from the Web to a compact disc. Fast Internet connections allow downloads to take only two or three hours.

Motion picture and tape distribution, Motion Picture Distribution, Motion Picture and Video Distribution, Statistical Data Included, Crimes against, Motion picture industry, Movie industry, Movie distribution, Piracy (Copyright)

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