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Canada's Competition Bureau announces $130 million fine against Nishikawa Rubber for car parts bid-rigging scheme

( July 20, 2016, 20:15 GMT | Official Statement) -- MLex Summary: Canada’s Competition Bureau announced on Wednesday that Nishikawa Rubber has agreed to plead guilty and pay a fine of $130 million for participating in a conspiracy to fix prices and rig bids of automotive body sealing products sold in the US and Canada. Nishikawa was charged with engaging in the conspiracy between January 2000 and September 2012. This resolution is the result of a collaboration between the bureau and the US Department of Justice.Statement follows below:...

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