Japanese Electronics Cos. Dodge Antitrust Suit

By Julia Arciga (September 1, 2020, 2:56 PM EDT) -- Japanese electronics suppliers on Monday escaped a U.S. electronic company's claims they formed a cartel to fix and stabilize prices for a common electronic component after a California federal judge ruled the company failed to prove a broader anti-competitive conspiracy existed.

U.S. District Judge Edward J. Davila granted a request from Panasonic Corp., Murata Manufacturing Co. Ltd., TDK Corp., Taiyo Yuden Co. and a slew of other Japanese electronics suppliers to toss Flextronics International USA Inc.'s lawsuit, which claimed it was injured in a conspiracy among some of the suppliers to fix prices for inductors — a component used in a...

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