Tag Archives: price fixing

DENSO Exec Pleads Guilty to Price Fixing on Auto Parts

The plea agreement, which is subject to court approval, requires Imai serve one year and one day in a U.S. prison, to pay a $20,000 criminal fine and to cooperate with the department’s ongoing investigation. Imai is charged with price fixing in violation of the Sherman Act, which normally carries a maximum sentence of 10 years in prison and a $1 million or greater criminal fine for individuals. Continue reading

Posted in auto news, fools 'n frauds, litigation, news, people | Tagged , , , , , , , , , , | Leave a comment

Chairman of Taiwan Auto Light Maker Guilty of Price Fixing

Five individuals and four corporations have been charged by the Antitrust Division of the Department of Justice. Continue reading

Posted in aftermarket, auto news, litigation | Tagged , , , , , , , , | Leave a comment