fixing

Koito Manufacturing Co. Ltd. Agrees to Plead Guilty to Price Fixing on Automobile Parts Installed in U.S. Cars

Koito Manufacturing Co. Ltd., a Tokyo-based company, has agreed to plead guilty and to pay a total of $56.6 million in criminal fines for its roles in separate price-fixing conspiracies involving automobile lighting fixtures and lamp ballasts installed in cars sold in the United States and elsewhere.



  • OPA Press Releases

fixing

Former President and Vice President of Diamond Electric Agree to Plead Guilty to Participating in Auto Parts Price-fixing Conspiracy

The former president and vice president of Osaka, Japan-based Diamond Electric Mfg. Co. Ltd. have agreed to plead guilty for their participation in a global conspiracy to fix prices of ignition coils installed in cars sold in the United States and elsewhere.



  • OPA Press Releases

fixing

Bridgestone Corp. Agrees to Plead Guilty to Price Fixing on Automobile Parts Installed in U.S. Cars

Bridgestone Corp., a Tokyo, Japan-based company, has agreed to plead guilty and to pay a $425 million criminal fine for its role in a conspiracy to fix prices of automotive anti-vibration rubber parts installed in cars sold in the United States and elsewhere.



  • OPA Press Releases

fixing

South American Company Agrees to Plead Guilty to Price Fixing on Ocean Shipping Services for Cars and Trucks

Compañía Sud Americana de Vapores S.A. (CSAV), a Chilean corporation, has agreed to plead guilty and to pay an $8.9 million criminal fine for its involvement in a conspiracy to fix prices, allocate customers and rig bids of international ocean shipping services for roll-on, roll-off cargo, such as cars and trucks, to and from the United States and elsewhere, the Department of Justice announced today.



  • OPA Press Releases

fixing

Two Ocean Shipping Companies to Pay $3.4 Million to Settle Claims of Price Fixing Government Cargo Transportation Contracts

Sea Star Line LLC and Horizon Lines LLC have agreed to resolve allegations that they violated the False Claims Act by fixing the price of government cargo transportation contracts between the continental United States and Puerto Rico.



  • OPA Press Releases

fixing

Three Bridgestone Corp. Executives Indicted for Roles in Fixing Prices and Rigging Bids on Auto Parts Installed in U.S. Cars

A Cleveland federal grand jury returned an indictment against one current executive and two former executives of Bridgestone Corp. for their roles in an international conspiracy to fix prices of automotive anti-vibration rubber parts sold in the United States and elsewhere.



  • OPA Press Releases

fixing

Bridgestone Corp. Executive Agrees to Plead Guilty for Fixing Prices and Rigging Bids on Auto Parts Installed in U.S. Cars

A former Bridgestone Corp. executive has agreed to plead guilty and to serve 18 months in a U.S. prison for his role in an international conspiracy to fix prices and rig bids of automotive anti-vibration rubber parts sold in the United States and elsewhere.



  • OPA Press Releases

fixing

Japanese Automotive Parts Manufacturer Agrees to Plead Guilty to Price Fixing and Bid Rigging on Automobile Parts Installed in U.S. Cars

Showa Corp., an automotive parts manufacturer based in Saitama, Japan, has agreed to plead guilty and to pay a $19.9 million criminal fine for its role in a conspiracy to fix prices and rig bids for pinion-assist type electric powered steering assemblies installed in cars sold in the United States and elsewhere.



  • OPA Press Releases

fixing

Three Foam Manufacturers Plead Guilty in Price Fixing Scheme

Three manufacturers of polyurethane foam used to create interior components for automobiles pleaded guilty today to participating in a scheme to fix prices to customers, the Department of Justice announced



  • OPA Press Releases

fixing

Denso Corp. Executive Agrees to Plead Guilty to Price Fixing on Automobile Parts Installed in U.S. Cars

An executive of Japan-based Denso Corp. has agreed to plead guilty and to serve one year and one day in a U.S. prison in connection with the Antitrust Division’s investigation into a conspiracy to fix the prices of instrument panel clusters, also known as meters, installed in cars sold in the United States and elsewhere, the Department of Justice announced today



  • OPA Press Releases

fixing

G.S. Electech Inc. Executive Pleads Guilty to Bid Rigging and Price Fixing on Automobile Parts Installed in U.S. Cars

An executive of Japanese auto parts maker G.S. Electech Inc. pleaded guilty and was sentenced today to serve 13 months in a U.S. prison for his role in an international conspiracy to rig bids and fix prices on auto parts used on antilock brake systems installed in U.S. cars, the Department of Justice announced



  • OPA Press Releases

fixing

NGK Spark Plug Co. Ltd. Agrees to Plead Guilty to Price Fixing and Bid Rigging on Automobile Parts Installed in U.S. Cars

NGK Spark Plug Co. Ltd., an automotive parts manufacturer based in Nagoya, Japan, has agreed to plead guilty and to pay a $52.1 million criminal fine for its role in a conspiracy to fix prices and rig bids for spark plugs, standard oxygen sensors, and air fuel ratio sensors installed in cars sold to automobile manufacturers in the United States and elsewhere, the Department of Justice announced today



  • OPA Press Releases

fixing

The MDR and the Covid-19 recommendation – a possible template for fixing the MDR and IVDR bottleneck

What is this recommendation about? Obviously this recommendation is an attempt of the Commission to manage administative barriers to placing PPE (personal protective equipment) and medical devices on the market that would be needed in the struggle to get the current Covid-19 pandemic under control. In my view you can also see this as a […]




fixing

Fixing Wasting Muscles

Scientists edited dogs' genes to correct a common form of muscle dystrophy




fixing

Fixing Finance: A Roadmap for Reform

EXECUTIVE SUMMARY

The Obama Administration has announced that fixing the nation’s financial system is one of its highest initial priorities and will shortly release a plan to do that. In this essay, we attempt to provide our own version of a roadmap for reform.

We believe that the central challenge confronting policy makers now is to establish a new regulatory framework that will do a far better job preventing financial abuses and their consequences without chilling innovation and prudent risk-taking that are essential for growth in any economy.

To accomplish that end will require a major restructuring and strengthening of the two pillars upon which an efficient and safe financial system must rest: market discipline and sound regulation. It would be a mistake, in our view, to conclude that because both these pillars failed to prevent the current crisis that either one should be jettisoned. Neither pillar alone can do the job. There is no alternative, we need both pillars, but both need to work much better in the future.

The United States has a history of enacting major legislation and adopting new rules in response to crises, and this time will be no exception. The critical challenge is to ensure that reforms remedy the flaws in the current framework; that they are sufficiently flexible to adapt to changing circumstances and to head off future, avoidable crises, and, all the while, that they do not amount to overkill, by chilling the innovation and prudent risk-taking on which continued economic growth very much depends. These objectives will most likely be met if policymakers have a suitable roadmap for guiding their reforms. We suggest the following:

  1. Multiple measures should be adopted to improve transparency and increase the incentive for prudent behavior throughout the mortgage process.

     

  2. A special set of prudential rules should govern the regulation of systemically important financial institutions (SIFIs), or those whose failure could have systemic consequences, and thus trigger federal rescues.

     

  3. A prudential regulator should require all SIFIs to fund some portion of their assets with long-term, subordinated debt. Such debt might also be convertible to equity in the event the institution’s capital-to-asset ratio falls below a certain level.

     

  4. Regulators should encourage the formation of clearinghouses for derivatives contracts, starting with credit default swaps, and empower an overseer.

     

  5. Financial reforms should be written broadly enough, and with enough discretion for regulators, so that policy makers can better anticipate future financial crises, however they might arise.

     

  6. The financial regulatory agencies should be reorganized, so that they have jurisdiction by function or objective (solvency and consumer protection) rather than by type of charter of the regulated financial institution.

     

  7. In the short to intermediate run, the housing GSEs — Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System — should be regulated as public utility “SIFIs” (after recapitalization with public funds) or directly operated as government agencies.

     

  8. While U.S. financial policy makers must support international cooperation on financial regulation they should not wait for international agreement before taking necessary steps to improve our own system.
Read the full paper » (pdf)

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fixing

The medical marijuana mess: A prescription for fixing a broken policy

In 2013, Patrick and Beth Collins were desperate. Thirteen‐year‐old Jennifer, the younger of their two children, faced a life‐threatening situation. In response, the Collins family took extreme measures—sending Jennifer thousands of miles away in the company of her mother. Beth and Jennifer became refugees from a capricious government whose laws threatened Jennifer’s health, the family’s…

       




fixing

Could Fixing the Ozone Layer's Hole Make Global Warming Worse?

Talk about a lose-lose situation: On one hand, not taking any action to repair the hole would allow harmful UV radiation to percolate through; on the other hand, helping to accelerate its recovery could strengthen global warming by




fixing

Jargon watch - "cocktail geoengineering" takes fixing the earth to the next level

If one geoengineering plan doesn't work, maybe two or three combined will




fixing

Shoaib Akhtar: I would've killed Wasim Akram if he had asked me to do match-fixing

Former Pakistan speedster Shoaib Akhtar made a stunning claim, saying he would have taken Wasim Akrams life if the latter made an approach regarding match-fixing.

"I was watching few matches of the 1990s and I was amazed to see how Wasim Akram got Pakistan through impossible situations with his brilliant bowling," Cricket Pakistan quoted Akhtar as saying during a television show.

"I will say it very clearly that if Wasim Akram had asked me to do match-fixing, I would have destroyed him or even kill him. But he never said such a thing to me," he added.

The Rawalpindi Express also thanked Akram for supporting him during the early days of his cricketing career.

"I played with him for seven to eight years and I can quote many instances where he gave me cover by taking the responsibility of picking up the top-order wickets while leaving the tail-enders for me," said the 44-year-old.

"He even let me bowl from my preferred bowling even though he had a lot more wickets that I did," he added. Akhtar represented Pakistan in 46 Tests, 163 ODIs and 15 T20Is in which he scalped 178, 247 and 19 wickets respectively. Akram, on the other hand, played 104 Tests and 356 ODIs in which he bagged 414 and 502 wickets respectively.

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fixing

Fixing finance

There are good reasons why the public has lost confidence in banking and finance. Two issues in particular must be addressed before it can be restored– moral hazard and conflict of interest. Reforms should ensure that banks and bankers–not taxpayers–pay the price of failure and are held fully accountable for their actions.




fixing

United Kingdom Imports Intra Eu - Railway & Tram Tracks, Signals, Fixings, Etc.

Imports Intra Eu - Railway & Tram Tracks, Signals, Fixings, Etc. in the United Kingdom increased to 65.45 GBP Million in February from 52.78 GBP Million in January of 2020. Imports Intra Eu - Railway & Tram Tracks, Signals, in the United Kingdom averaged 31.44 GBP Million from 1996 until 2020, reaching an all time high of 188.95 GBP Million in September of 2016 and a record low of 2.13 GBP Million in October of 1996. This page includes a chart with historical data for the United Kingdom Imports of Intra EU - Railway & Tram Tracks, Sign.




fixing

Tennis Integrity Unit plans to step up prevention efforts amid fears over a rise in match-fixing  

Tennis integrity chiefs fear a spike in corrupted matches when tournaments resume, as lower-ranked players become more desperate to make ends meet.




fixing

I'd back an investment trust over fixing a cash Isa for 7 years at 1.65%

Whenever I see such rates I feel compelled to ask: 'Why if you have money that you don't need for seven years would you not invest it for a better return?'




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Judicial delays: Understanding the system before fixing it


On 18 March, at a discussion organised by Daksh India, Nick Robinson from the Harvard Law School explored in detail the phenomenon of judicial delays, sharing insights from his work in both India and the US. Pavan Kulkarni summarises the points raised.




fixing

Pakistan's Umar Akmal Banned for Three Years After Failing to Report Spot-fixing Approaches

Umar, who turns 30 next month, pleaded guilty to not reporting the fixing offers which led to his provisional suspension on February 20 this year.




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Ramiz Raja Wants Jail-time to Combat Match-fixing, Compares Menace to Coronavirus

In reply, Raja said all stakeholders of the game must come together to eradicate match-fixing.




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Akmal Didn't Show Remorse for Failing to Report Fixing Approaches: PCB Disciplinary Panel

Akmal was found guilty of two charges under the PCB Anti-Corruption Code, rendering him ineligible for cricket activities till February 19, 2023.




fixing

Roads to reference : an essay on reference fixing in natural language [Electronic book] / Mario Gómez-Torrente.

Oxford : Oxford University Press, 2019.




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The Frontiers Issue with Guest Editor President Barack Obama - President Barack Obama on Fixing Government With Technology

WIRED guest editor President Barack Obama discusses what he’d like to see technology solve in government with WIRED editor in chief Scott Dadich and MIT Media Lab director Joi Ito.




fixing

Roads to reference: an essay on reference fixing in natural language / Mario Gómez-Torrente

Online Resource




fixing

Unemployment Insurance Reform: Fixing a Broken System / Stephen A. Wandner, editor

Online Resource




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Preventing augmented-reality overload, fixing bone with tiny bubbles, and studying human migrations

This week we have stories on blocking dangerous or annoying distractions in augmented reality, gene therapy applied with ultrasound to heal bone breaks, and giving robots geckolike gripping power with Online News Editor David Grimm. Deputy News Editor Elizabeth Culotta joins Sarah Crespi to discuss a special package on human migrations—from the ancient origins of Europeans to the restless and wandering scientists of today. Listen to previous podcasts. Download the show transcript. Transcripts courtesy of Scribie.com. [Image: Public domain; Music: Jeffrey Cook]




fixing

Umar Akmal didn’t show remorse for failing to report fixing approaches, says PCB disciplinary panel head

Justice (retired) Fazal-e-Miran Chauhan submitted his detailed judgement on the case to the Pakistan Cricket Board, which made it public on Friday.




fixing

Characterization of nitrogen-fixing bacteria from Phaseolus vulgaris L. in Kenya / by George Mutegi Mwenda

Mwenda, George Mutegi, author




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Fixing the Indian state is beyond Brahma, Vishnu, Shiva and all the gods put together: Arvind Subramanian




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Match-fixing between BJP, TMC: Yechury




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Fixing scam: HC upholds bail granted to bookie Chawla

The Delhi High Court on Wednesday upheld a trial court's decision to grant bail to Sanjeev Chawla, an alleged bookie and key accused in one of the cricket's biggest match-fixing scandals that involved former South African captain Hansie Cronje, saying when the scenario of a trial taking place was "stark", the liberty of a person "cannot be left in limbo" on the belief that he was a flight risk.




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Ramiz Raja suggests jail time for match-fixing, compares it to COVID-19




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Delhi court grants bail to bookie Sanjeev Chawla in match-fixing case




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Sanjeev Chawla, accused in match-fixing scandal of 2000, walks out of jail




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Den of match-fixing is in India, have received death threats from fixers: Aaqib Javed