Japanese Auto Parts Cos. Hit With Bid-Rigging Suit

Law360, New York (July 10, 2013, 3:28 PM EDT) -- A group of car dealerships on Tuesday lodged a putative antitrust class action in Michigan federal court, accusing four Japanese automobile parts suppliers of conspiring to rig bids on headlights and taillights sold to major car companies like Toyota Motor Corp.

Koito Manufacturing Co. Ltd., Ichikoh Industries Ltd., Stanley Electric Co. Ltd. and Mitsuba Corp. were sued by a proposed class of car dealers alleging that the four companies schemed to drive up prices for automotive lamps — such as headlights or taillights — by rigging...
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