GOODYEAR TIRE: Inquiry on Closure of Ontario Facility Terminated

The Antitrust Division of the U.S. Department of Justice, in December 2008, notified The Goodyear Tire & Rubber Company that a grand jury investigation concerning the closure of a portion of its former Bowmanville, Ontario, Canada, conveyor belting plant has…

GOODYEAR TIRE: Cites $175Mil for Entran II Liability at Dec. 31

The Goodyear Tire & Rubber Company, as of Dec. 31, 2008, derecognized US$175 million of the liability and the related amount of restricted cash from its Consolidated Balance Sheet, involving a rubber hose product, Entran II.

On June 4, 2004, the…

GOODYEAR TIRE: Probes on Marine Hose Price Fixing Still Ongoing

The Goodyear Tire & Rubber Company is cooperating with the probes by the U.S. Department of Justice (Antitrust Division), European antitrust authorities, and the Brazilian antitrust authority into the marine hose industry.

In May 2007, the DOJ announced that it had…