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Comment: Second strike in car parts probe brings large fines, long prison terms

By Leah Nylen ( January 30, 2012, 21:29 GMT | Insight) -- The U.S. Department of Justice charged two car manufacturers and four executives with price-fixing of automobile parts Monday, the second strike in what is the antitrust division’s largest criminal investigation to date. With sale volumes exceeding those of infamous cartels in vitamins, air cargo and municipal bonds, the car-parts probes are set to lead to historically high fines and long jail terms.Washington – The U.S. Department of Justice charged two car manufacturers and four executives with price-fixing of automobile parts Monday, the second strike in what is the antitrust division’s largest criminal investigation to date....

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