2 weeks GE alleges Siemens Energy used stolen trade secrets to rig contract bids Financial Post
NEW YORK — General Electric 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 totaling more than $1 billion, according to a lawsuit filed on Thursday. GE sued the rival company, Siemens Energy Inc, […]
Canada · Energy · Futures & Commodities · General Electric (GE) · Natural Gas