Industry litigation – Page 16
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Business
Consumer products firms fined for French price fixing
€950m fines for ‘friends clubs’ that pushed up prices for home and personal care products
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Business
Freedom Industries’ president arrested for fraud
Executive whose company leaked MCHM into West Virginian water supplies is charged with lying to deflect blame
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Business
Big pharma opens up abandoned drugs
Seven firms will make 68 stalled compounds available for academic research
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Business
DuPont quantifies scale of deadly chemical leak
10.4 tonnes of methyl mercaptan were released in La Porte, US
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Business
Ranbaxy sues over withdrawn US approvals
Company says decision is ‘unconstitutional’ and deprives it of hundreds of millions of dollars in revenue
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BusinessMethyl mercaptan leak kills four workers
Cause of accident at US DuPont plant is still under investigation
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Business
EU warns DuPont and Honeywell over green refrigerants
Commission thinks cooperation may have been anti-competitive
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Business
Judge slashes fines in drug safety case
Takeda and Eli Lilly’s $9 billion damages in diabetes trial reduced to $38 million
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Business
Amgen seeks injunction to protect patents
Sanofi and Regeneron sued over cholesterol-regulating antibodies
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BusinessIndian manufacturers hit back over quality claims
Study showing drugs exported to Africa are substandard prompts backlash from generic drugmakers
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Business
US tax changes ripple into merger deals
Efforts to curb tax-avoiding ‘inversion’ deals will slow, but not stop, the wave
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Business
Dow’s $1bn price-fixing fine upheld
Firm loses its appeal against damages for fixing polyurethane prices
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Business
Gilead licenses generic hepatitis C drug in India
Company aims to head off competition and grab a slice of royalties
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Business
US drops restrictions on more GM seeds
Dow’s herbicide-resistant corn and soybeans spark renewed criticism from environmental campaigners
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BusinessBP faces $18bn fine over Deepwater
US judge rules that BP’s recklessness caused blowout through ‘gross negligence or willful misconduct’, but the firm will appeal
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Business
Halliburton settles Deepwater Horizon claims
Company will pay $1.1bn for damage to property and commercial fishing
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Business
DuPont settles pollution charges for $1.3m
Allegations relate to eight hazardous chemical leaks in West Virginia between 2006 and 2010
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Business
GSK’s China troubles continue
Analysts say stings will only drive corruption into less visible channels
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Business
Tetraethyl lead bribery case ends with four executives convicted
Three jailed over corruption to prolong sales of fuel additives in Iraq and Indonesia