Bridgestone Agrees to Guilty Plea on Price Fixing on Automobile Anti-Vibration Rubber Parts Installed in U.S. Cars

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Sunday, June 1, 2014

Author:

Bruce Zagaris

Volume:

30

Issue:

6

Abstract:

On February 13, 2014, the United States Department of Justice (DOJ) announced that Bridgestone Corp, a company based in Tokyo, Japan, agreed to plead guilty and to pay a $425 million criminal fine for participating in a conspiracy to fix prices of automotive anti-vibration rubber parts installed in cars sold in the United States and elsewhere.[1]