9 Japanese firms fined US$740 million for fixing prices of parts sold to US carmakers

Nine companies based in Japan and two executives have agreed to plead guilty and to pay a total of more than US$740 million in fines for their roles in long-running conspiracies to fix the prices of car parts sold to US carmakers, the US Department of Justice said on Thur

via Business feed http://www.scmp.com/business/companies/article/1318979/9-japanese-firms-fined-us740-million-fixing-prices-parts-sold-us