'Friendly' Antitrust Agreements And Unfriendly Fines

Law360, New York (December 19, 2011, 1:12 PM EST) -- An international corporation and three of its executives recently pled guilty in response to the first charges to emerge from the U.S. Department of Justice's Antitrust Division’s ongoing investigation into bid rigging, price fixing and other anti-competitive conduct in the automotive parts industry.

Furukawa Electric Co. Ltd. and three of its executives agreed to four separate four-count felony charges alleging a conspiracy to rig bids for and to fix, stabilize and maintain the prices of automotive wire harnesses and related products sold in the United States...
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