Vitamin cheats cough up millions

Article Abstract:

The United States Justice Department has imposed huge fines on the world's largest vitamin manufacturers for rigging prices and creating an unbalanced market share. In May 1999, F. Hoffmann-La Roche and Company Ltd. of Switzerland and BASF AG of Germany were fined $500 million and $225 million, respectively. France's Rhone-Poulenc S.A. will avoid fines because it provided evidence against Roche and BASF. Together, the three control around 75% of the world vitamin market share.

Germany, Switzerland, Pharmaceutical Preparation Manufacturing, Pharmaceutical preparations, Vitamins & Nutrients NEC, Cases, United States. Department of Justice, BASF AG, International relations, Market share, Dietary supplements industry, Dietary supplements, Vitamins, Price fixing, Rhone-Poulenc S.A., F. Hoffmann-La Roche and Company Ltd.

---

Tasty but forbidden morsels

Article Abstract:

Disclosure rules and regulations are meant to ensure fair distribution of corporate information. But because of certain advantages such as technology, companies and big investors get some information ahead of time. All of this is not illegal. The Internet may provide a way of ensuring simultaneous informing of all investors.

Analysis, Disclosure (Securities law), Insider trading in securities, Insider trading (Securities)

---

Watchdogs to bite harder, more often

Article Abstract:

Issues are presented concerning the predictions which have been made for the role of the Australian Securities and Investments Commission in 2001. The increase in regulation which is expected under the leadership of the new Chairman David Knott is discussed.

Laws, regulations and rules, Influence, Corporations, Australia. Securities and Investments Commission, Knott, David

Similar abstracts:

• Abstracts: Nike says it plans to slash $100 million on spending for star endorsements. Continental AG to buy ITT Industries unit for $1.93 billion
• Abstracts: Amcor's urgent catch-up game. BHP Billiton straight down to business. PaperlinX floats amid great expectations
• Abstracts: Trading eases off. Mixed fortunes in an uncertain market
• Abstracts: Property's twin towers. No more easy street for shopping centre owners. The fee is the key to CBA's super success
• Abstracts: The balancing act of musical theatre. NTL has busy program for the digital network

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.