Maxzone Auto Parts (Canada) has pleaded guilty for its role in an international price-fixing conspiracy for aftermarket auto lights. Canada’s Competition Bureau has fined the company $1.5 million.
Maxzone Canada and its co-conspirators agreed to set prices for headlights and tail lights, which were primarily used as replacement parts. Maxzone Canada was involved in the cartel from January 2004 to September 2008.
Full content: Competition Bureau
Related content: How Far Can Screens Go in Distinguishing Explicit from Tacit Collusion? New Evidence on the Libor Setting (Rosa Abrantes-Metz, Global Economics Group, NYU Stern & Albert Metz, Moody’s)
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