Goldman Sachs, BASF, HSBC, and ICBC Standard Bank have agreed to a $20 million settlement to resolve a nearly decade-old antitrust lawsuit. The lawsuit accused these entities of conspiring to suppress platinum and palladium prices. The settlement addresses allegations that the defendants shared customer data, engaged in front-running expected price moves, and placed bogus 'spoof' orders.
Goldman Sachs, BASF, HSBC, and ICBC Standard Bank agreed to a $20 million settlement over platinum and palladium price-fixing. The defendants were accused of sharing customer data, front-running expected price moves and placing bogus 'spoof' orders https://t.co/a4xG0xGyu1 https://t.co/pA9PhXlSRk
Baltimore sues shale producers in price-fixing class action in US court https://t.co/vFFpRnIk6Q https://t.co/GktjOE4Qfj
An electrical contractor has filed an antitrust lawsuit in US court accusing Westlake, Atkore and other major PVC pipe manufacturers of conspiring to overcharge municipal and commercial buyers https://t.co/ex4FLKcTU8 @MikeScarcella https://t.co/ptm4Unetxx