Lawyers and Settlements
Advertisement
Home Page >> Feature Articles >> Auto Parts Makers Investigated for Alleg..

Auto Parts Makers Investigated for Alleged Price Fixing

. By
Detroit, MIThree Detroit-area auto parts manufacturers had their premises searched by the FBI on Wednesday as part of an international investigation into allegations that an anti-competitive or price fixing cartel exists among automotive electronic components suppliers.

The three companies raided just hours before Toyota president Akio Toyoda testified at a congressional hearing, are Denso, Tokai Rika Co, and Yazaki Corp. The three companies supply Toyota with auto parts, and Denso supplies Toyota with accelerator pedals.

Other car parts makers include the German company Leoni AG, which was visited by European Commission investigators.
READ MORE [ Antitrust LEGAL NEWS ]

Legal Help

If you or a loved one has suffered damages as a result of anti-competitive practices, please click the link below and your complaint will be sent to a lawyer who may evaluate your claim at no cost or obligation.
Request Legal Help Now

ADD YOUR COMMENT ON THIS STORY

Fields marked * are mandatory. Please read our comment guidelines before posting.

*Name:

Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.


Click to learn more about LawyersandSettlements.com