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Auto lighting parts makers have offices searched for evidence of cartel

By  |  March 13, 2012

The Japan Fair Trade Commission has searched the head offices of four automotive lighting parts makers on suspicions of a cartel. The investigation was prompted by allegations that Koito Manufacturing Co., Stanley Electric Co., Ichikoh Industries Ltd., and Mitsuba Corp. have engaged in price-fixing and bid-rigging at auctions for auto lighting products. Such behavior was to have started from 2002.

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    Full content: Mainichi Daily News

     

    Related content: Japan Fair Trade Commission: Aggressively Tackling Cartels, Bid-Rigging, & Monopolization (The Japan Fair Trade Commission)