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Archive for Tag: General Electric Co

HomeGeneral Electric Co
15Jan
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GE alleges Siemens Energy used stolen trade secrets to rig contract bids

General Electric (NYSE:GE)Co accused a Siemens Energy AG subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover up improper business gains totalling more than $1 billion, according to a lawsuit filed on Thursday. GE sued the rival company,...

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