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price fixing

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    Report: 20 Japanese auto supplier execs on the lam from US authorities?
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    The US Department of Justice has been on a campaign over the past few years to crack down on price fixing in the auto industry, especially from Japanese parts suppliers. In the agency's most recent count, it has indicted 46 people with 26 guilty pleas and raised over $2.4 billion in fines from 31 ...

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    Report: Auto parts price-fixing is everywhere, crackdown threatens business model
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    China's recently instigated push to go after price fixing and monopolistic practices in the automotive sector has garnered a lot of ink, but regulatory bodies around the world have been tackling the issue for years. Lithium-ion battery makers were targeted in 2012, the US Department of Justice ...

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    Official: Japanese spark plug giant NGK pleads guilty to price fixing, to pay $52M fine
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    The ongoing investigation by the Department of Justice into price fixing in the automotive industry has nabbed one more company breaking the law. Japanese parts giant NGK Spark Plug Company agreed to plead guilty to a felony count of pricing fixing and bid rigging in the in the US District Court ...

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    Report: Exhaust partsmakers raided by EU watchdog in price-fixing probe
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    We've seen automotive price-fixing scandals in the past, most recently against nine Japanese suppliers that received $740 million in fines from the US Department of Justice. Now the European Union is cracking down hard on the anti-competitive practice. On March 25, its regulators raided several ...

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    Official: Toyo Tires found guilty of price fixing
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    A global auto industry price-fixing scandal being investigated by the US Department of Justice continues to unfurl as ever more companies – most of them Japanese – are found guilty of fixing the prices of numerous types of vehicle parts. Toyo Tire & Rubber is the latest company to ...

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    Official: Execs at supplier Takata to plead guilty to price fixing
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    Three Japanese executives at Takata are set to plead guilty to price fixing charges, after the company itself agreed to pay a $71.3-million anti-trust fine. Takata supplies a number of components for automakers, but may be best known for its distinctive green racing seatbelts. The report from ...

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    Report: DoJ fines Japanese parts firms $740M in massive automotive price-fixing scandal
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    Nine Japanese suppliers have pleaded guilty in US court over charges of price fixing in the automotive parts industry, resulting in the Department of Justice doling out a total of $740 million of fines, according to a report from Bloomberg. The scandal, which has resulted in General Motors, Ford, ...

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    Report: Massive auto parts price fixing probe spreads to four continents
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    Investigators are currently expanding the scope of an automotive component price fixing probe. Officials in Australia, the U.S., Europe and Japan are collaborating to discern the breadth of the issue. So far, 20 automotive suppliers have been identified as being part of the investigation, though ...

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