Nippon Chemi-Con Strikes Deal Ahead Of Price-Fix Closings

By Hannah Albarazi (December 14, 2021, 2:03 PM EST) -- Capacitor maker Nippon Chemi-Con and its U.S. subsidiary reached a settlement with direct purchasers Tuesday just ahead of closing arguments in a California federal antitrust trial in which 1,800 U.S. companies alleged they were overcharged $427 million in a decadelong global conspiracy to fix prices for the electronic part.

The deal, struck by a class of direct purchasers with Japan-based Nippon Chemi-Con Corp. and its subsidiary United Chemi-Con, ended a weekslong jury trial over claims that nearly two dozen manufacturers carried out a price-fixing conspiracy from 2002 to 2014 and owe refunds of $427 million.

U.S. District Judge James Donato, who...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!