Mitsubishi Electric Automotive

EU regulators fine Japanese suppliers 138 million euros for price fixing

Jan. 26, 2016 13:09 CET

EU antitrust regulators fined Mitsubishi Electric and Hitachi Ltd. a total of 137.8 million euros ($149.8 million) for fixing prices of car alternators and starters. Supplier Denso avoided a fine after alerting officials to the existence of the cartel....
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