US: "Pernicious cartel" sees Yazaki and Denso pay huge price-fixing fine
Author: Simon Warburton | 31 January 2012
Two Japanese suppliers of automotive electrical components -Yazaki and Denso -have agreed to plead guilty and to pay a total of US$548m in criminal fines for their involvement in multiple price-fixing and bid-rigging conspiracies in the sale of parts to automobile manufacturers in the US, the Department of Justice has announced.
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