This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Japanese auto parts companies, subsidiaries, executives indicted for rigging automotive parts bids

( June 15, 2016, 20:11 GMT | Official Statement) -- MLex Summary: Two Japanese automotive parts companies, their US subsidiaries, and a total of five executives have been indicted for their alleged participation in international conspiracies to eliminate competition in the sale of automotive parts, the US Department of Justice announced on Wednesday. Tokai Kogyo, its subsidiary Green Tokai, and Akitada Tazumi were charged with conspiring to rig bids for and fix the prices of automotive body sealing products sold to Honda Motor Company for installation in vehicles manufactured and sold in the US and elsewhere. Maruyasu Industries, its subsidiary Curtis-Maruyasu America, Tadao Hirade, Satoru Murai, Kazunori Kobayashi and Yoshihiro Shigematsu were charged with conspiring to fix prices, allocate customers, and rig bids for automotive steel tubes sold in the US and elsewhere.Statement follows below: ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections