DOJ BRIEFS: Panasonic Corp.

(September 30, 2011) -- On Sept. 27, a Detroit federal grand jury returned an indictment against three former executives of Panasonic Corp., a Whirlpool subsidiary and a Tecumseh Products Co. subsidiary, for their alleged roles in an international conspiracy to fix the prices of refrigerant compressors. These foreign executives have been charged in the indictment with conspiring to suppress and eliminate competition by coordinating price increases for refrigerant compressors to customers in the United States and elsewhere....

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