U.S. flies Italian executive to Florida in first bid-rigging extradition

Apr 07, 2014 745

The United States has extradited a former executive of an Italian marine hose manufacturer to face price-fixing charges in what the Justice Department said was its first extradition on antitrust charges.

Romano Pisciotti, a former executive with Italy's Parker ITR SRL, was extradited from Germany and arrived in Miami on Thursday to face a single count of rigging bids and allocating market share in the marine hose industry, the department said.

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Source: http://www.chicagotribune.com

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