maker Ericsson's subsidiary in Panama will pay a
$1.75 million penalty to the U.S. Department of Commerce for
violating U.S. export restrictions on Cuba, a settlement
agreement obtained by Reuters showed.
Friday, May 25, 2012
U.S. to fine Ericsson in Panama $1.75 mln over Cuba shipments
May 24 (Reuters) - World number one mobile network equipment
maker Ericsson's subsidiary in Panama will pay a
$1.75 million penalty to the U.S. Department of Commerce for
violating U.S. export restrictions on Cuba, a settlement
agreement obtained by Reuters showed. 
maker Ericsson's subsidiary in Panama will pay a
$1.75 million penalty to the U.S. Department of Commerce for
violating U.S. export restrictions on Cuba, a settlement
agreement obtained by Reuters showed.
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