Aisan Industry Co. Ltd Agrees to Guilty Plea and 6.86 Million Fine for Price Fixing on Automobile Parts

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Thursday, May 1, 2014
Author: 
Bruce Zagaris
Volume: 
30
Issue: 
5
Abstract: 

On February 3, 2014, Aisan Industry Co. Ltd., company based in Obu, Japan, agreed to plead guilty and to pay a criminal fine of $6.86 million for its participation in a price-fixing conspiracy involving electronic throttle bodies sold in the United States and elsewhere.[1]