U.S. fines 9 Japanese auto-parts firms for price-fixing
World BusinessSept 27, 2013
The United States government said Thursday that nine Japanese auto-parts companies and two executives have pleaded guilty to price-fixing and will pay more than $740 million in fines.The parties, in separate conspiracies, fixed the prices of more than 30 different products sold to US car manufacturers and installed in cars sold in the United States and elsewhere, the Department of Justice said in a statement.The products include seatbelts, radiators, windshield wipers, air conditioning systems,