01/18/2012 10:23:24 AM EST
GE Funding To Pay $70M To Settle Municipal Bond Antitrust Investigation
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WASHINGTON, D.C. - GE Funding Capital Market Services Inc. entered into an agreement on Dec. 23 with the U.S. Department of Justice Antitrust Division to pay $70 million to resolve an investigation under Section 1 of the Sherman Act related to GE Funding's conduct in the municipal bond investments market.
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