Price Fixing news In the NYTimes, a story about price fixing among European truck makers.
Daimler Sets Aside $748 Million Over E.U. Inquiry Into Truck Makers By JACK EWINGDEC. 18, 2014 http://www.nytimes.com/2014/12/19/business/daimler-eu-inquiry-into-truck-makers.html?ref=international In the WSJ: France Fines Major Consumer Product Companies Antitrust Authority Fines Companies Nearly $1.23 Billion for Anticompetitive Practices By RUTH BENDER and SAM SCHECHNER Updated Dec. 18, 2014 10:52 a.m. ET http://www.wsj.com/articles/france-fines-major-consumer-product-companies-1418908497?mod=WSJ_hp_LEFTWhatsNewsCollection And in other news from WSJ: KKR overlooks overhead costs and loses spare change: KKR Stumbles on Shale Deal Buyout Firm Still Sees Opportunities in Energy Area > The $4.1 billion that KKR and its partners put into the buyout shriveled to > about one-quarter of that by the end of September, according to Samson’s > securities filings. Some of Samson’s debt is trading at 42 cents on the > dollar. > > Private-equity firms such as KKR can be masters at sustaining their > investments through economic cycles. The story relates how KKR has lost nickels and dimes in other deals, and for the same reason. Doesn't seem to bother KKR. http://www.wsj.com/articles/kkr-shale-investment-stumbles-1418865243?mod=WSJ_hp_LEFTWhatsNewsCollection _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
