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US fines Japan firm $65 mn for auto parts price-fixing

2015-09-04 13:19:19| Auto Parts - Topix.net

Friday, 04 September 2015 15:24:57 US fines Japan firm $65 mn for auto parts price-fixing WASHINGTON, Sept 4 : Japanese auto parts supplier NGK Insulators has agreed to plead guilty to a price-fixing conspiracy and pay a $65.3 million criminal fine, US authorities said Thursday. The Justice Department said that NGK Insulators also will plead guilty to obstruction of justice for impeding its investigation, but the company has now agreed to cooperate in the probe.

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