Ford Sues Fujikura For Price-Fixing Plot That Led To $20M Fine

Law360, Los Angeles (July 16, 2013, 9:22 PM ET) -- Ford Motor Co. has sued Japanese auto parts manufacturer Fujikura Ltd. for allegedly conspiring to fix prices and rig bids for automotive wire harness systems, a year after Fujikura paid a $20 million fine and pled guilty to a felony charge in a Michigan case stemming from the purported conspiracy. 

In Tuesday's complaint, Ford said Fujikura had for years forced the automotive company to pay inflated prices for wire harness systems, which control a vehicle's electrical components and wiring, by conspiring to rig bids and fix,...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers