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Robert Bosch agrees to plead guilty to price-fixing, bid-rigging on automobile parts installed in US cars

( March 31, 2015, 16:56 GMT | Official Statement) -- MLex Summary: Robert Bosch has agreed to plead guilty and to pay a $57.8 million criminal fine for its role in a conspiracy to fix prices and rig bids for spark plugs, oxygen sensors and starter motors sold to automobile and internal combustion engine manufacturers in the US and elsewhere, the US Department of Justice announced Tuesday. According to the one-count felony charge, Bosch engaged in the conspiracy regarding parts sold to manufacturers such as DaimlerChrysler, Ford Motor and General Motors, among others, from January 2000 until July 2011. Statement follows in full. ...

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