Russian Government Fines HP in Bid-Rigging Scheme

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Russia’s antitrust regulators have imposed a fine of $40,000 on HP’s Russian subsidiary for price fixing on government contracts to supply computers and equipment to government agencies, including the country’s Central Elections Commission. The Federal Antimonopoly Service (FAS) fined ZAO Hewlett-Packard AO, an HP subsidiary, 2.5 million rubles, or about $40,000, the agency announced on June

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