Fujikura price-fixing

(July 2, 2012) -- Tokyo-based Fujikura Ltd. entered a guilty plea and agreed to pay a $20 million criminal fine for conspiring to fix prices for automotive wire harnesses and related products installed in U.S. cars. The plea, entered in federal court in the Eastern District of Michigan on June 21, covered the period from January 2006 until February 2010, during which the company employed more than 5,000 individuals and sold wire harnesses and related products in the U.S. and elsewhere....

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