Capacitor Maker Nippon Chemi-Con Indicted For Price-Fixing

Law360, San Jose (October 18, 2017, 10:56 PM EDT) -- A federal grand jury indicted Nippon Chemi-Con Corp. for participating in a long-running conspiracy to fix prices for electrolytic capacitors, the U.S. Department of Justice announced Wednesday.

The indictment, filed in California federal court, charges that the Japanese company worked with other companies from as early as Sepember 1997 until January 2014 to suppress and eliminate competition for electrolytic capacitors, which are used in a variety of products including computers, DVD players, home appliances and car engines.

“Today’s indictment affirms the Antitrust Division’s commitment to holding...
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