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Tag Archives: sherman antitrust act
Japanese Suppliers Yazaki, Denso Plead Guilty of Price Fixing
The two-year price fixing sentences would be the longest imprisonment imposed on a foreign national for a Sherman Act antitrust violation. The fine amounts and prison sentences are subject to court approval and the potential influence of the U.S. State Department, which based on previous actions, cares little – if at all – in my opinion about competitive aspects of the U.S. auto industry or its effects on workers and the U.S. economy. In fact it can be argued that since the end of World War Two, State has actively pursued policies that strengthen offshore competitors of U.S. firms at the expense of the U.S. middle class. Continue reading
Posted in auto news, fools 'n frauds, litigation, news, news analysis, people, results
Tagged auto informed, auto parts big rigging, autoinformed.com, automotive news, denso, department of justice, honda, japanese price fixing, Ken Zino, sherman antitrust act, state department, toyota, yazaki
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