DOJ Charges 3rd Auto Light Exec In Price-Fixing Probe

Law360, New York (July 19, 2011, 6:49 PM EDT) -- The U.S. Department of Justice on Tuesday announced the arrest and indictment in California of a Taiwanese executive for allegedly participating in a global conspiracy to fix the prices of aftermarket auto lights.

Homy Hong-Ming Hsu was arrested July 12 at the Los Angeles International Airport and indicted Tuesday on charges that he conspired to suppress competition in the market for auto lights designed to either replace original ones damaged in a collision, or to serve as auto accessories and upgrades, the DOJ said.

According to...
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