class action settlements
You're entitled to a
small refund if you bought tickets for a long haul flight on British Airways or Virgin Atlantic between August 11, 2004 and March 23, 2006. The amount is $7-$34 per flight taken. This is the settlement in a class action lawsuit contending the two airlines colluded to fix the price of fuel surcharges. More info at
airpassengerrefund.com. [via
RickSeaney]
settlements
The Prescription Access Litigation (PAL) coalition filed suit against 11 drug companies in 2002 for artificially inflating the average wholesale price, or AWP, of certain drugs, including ones used to treat serious illnesses such as cancer and HIV. This week, PAL announced that the companies
have agreed to pay $125 million to settle—82.5% of the amount will be used to compensate third-party payor's claims, and the remaining 17.5% will be used for consumer claims. Here's a
list of the drugs involved, and after the jump is a quick guide to see whether you'll qualify for a claim, pending the judge's approval of the settlement.
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travel
Quantas became the third foreign airline to admit to price-fixing and agree to pay a fine to the U.S. government, joining British Airways PLC and Korean Air Lines Co. Ltd, says the Associated Press.
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evil
Surprise, surprise. The Department of Justice has started issuing subpoenas against the music industry, including Sony BMG and Warner, for price fixing and collusion. Since it's a sloppy Reuters brief we're linking to here, mainly consisting of a list of the companies involved, here's a blockquote with the summary gyst:
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Consumerist
Email surfaced in a class action lawsuit against NVIDIA and ATI suggesting that the graphics card makers have engaged in illegal price-fixing for the past half-decade. [techPowerUp!]
