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DOJ Fines Kayaba $62M In Auto Parts Price-Fixing Scheme

By Joe Van Acker (September 16, 2015, 3:54 PM EDT) -- Kayaba Industry Co. Ltd. has agreed to plead guilty and pay a $62 million criminal fine to resolve allegations that it conspired to fix the price of shock absorbers in vehicles manufactured by Honda Motor Co. Ltd., Nissan Motor Co. Ltd. and others, the U.S. Department of Justice announced Wednesday....

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