The US DoJ obtains guilty plea by two Japanese suppliers of automotive electrical components imposing a $548 million fine for their involvement in price fixing and bid rigging conspiracies in the auto parts sales (Automotive component suppliers’ cartel)

Fines Mounting in Department of Justice Auto Parts Cartel Investigation* The Department of Justice today announced a total of $548 million in fines resulting from a second round of charges in the government’s ongoing investigation into collusive activity in the auto parts industry. Two more Japanese companies have agreed to plead guilty for their roles in multiple price fixing and bid rigging conspiracies in the sale of parts

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  • Wolters Kluwer (Riverwoods)

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Jeffrey May, The US DoJ obtains guilty plea by two Japanese suppliers of automotive electrical components imposing a $548 million fine for their involvement in price fixing and bid rigging conspiracies in the auto parts sales (Automotive component suppliers’ cartel), 30 January 2012, e-Competitions January 2012, Art. N° 42198

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