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U.S. Department of Justice: Yazaki, Denso and four Yazaki executives agree to plead guilty to auto parts price-fixing, bid-rigging conspiracies

( January 30, 2012, 18:23 GMT | Official Statement) -- MLex Summary: Yazaki and Denso, two Japanese suppliers of automotive electrical components, have agreed to plead guilty and pay $548 million for their involvement in multiple auto parts price-fixing and bid-rigging conspiracies, the U.S. Department of Justice said Monday. Four executives, all Japanese nationals, have also agreed to plead guilty and serve prison time in the U.S.Statement follows in full:...

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