LAWSUITS NEWS & LEGAL INFORMATION
Auto Parts Makers Investigated for Alleged Price Fixing
Detroit, MI: Three 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.
FEB-26-10: FBI raids 3 Japanese car parts makers near Detroit
Last updated on
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.
FEB-26-10: FBI raids 3 Japanese car parts makers near Detroit
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.Last updated on
READ MORE Antitrust Settlements and Legal News