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Fujikura to pay $20 million for automotive price-fixing conspiracy

 |  April 23, 2012

Fujikura, a Japan-based automotive supplier has pleaded guilty for its role in a price-fixing conspiracy. The DOJ has asserted that from January 2006 to February 2010, Fujikura and its co-conspirators allocated the supply of automotive wire harnesses and related products according to model, and sold the parts at non-competitive prices. The parts were sold to a U.S. and other automakers, and installed in U.S. cars. Fujikura has agreed to pay a $20 million criminal fine. 

Full content: DOJ Press Release

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