Canada takes a pass as Nishikawa Rubber pays $130m fine in US
The Competition Bureau recently decided not to recommend charges against an autoparts maker who rigged bids, because the cars containing their parts were mostly sold in the US. Instead, it cooperated with the US Department of Justice its investigation. As a result, Hiroshima based Nishikawa Rubber pleaded guilty in the US to rigging bids for body sealing parts (BSPs) from 2000 to 2012. BSPs keep the interiors of cars dry, protected and quiet. Nishikawa was fined US$130 million. This amount includes a penalty for the over $200-million of rigged sales to Canadian-based car manufacturers, including Toyota and Honda. Since the cars ... [more] Full article
Showa fined $13m for auto parts conspiracy
Japanese auto parts maker Showa Corporation has been fined $13 million after admitting to participating in an international conspiracy to rig bids for electronic power steering gears. Showa’s fine is the second largest ... [more] Full article
Toyo Fine Brings Auto Parts Total to $58m
Another fine has been levied in the Competition Bureau’s auto parts investigation, bringing the total amount of fines to $58 million. Yesterday, the Bureau announced that Toyo Tires & Rubber ... [more] Full article
Chocolate Prosecution Melts
The Public Prosecution Service of Canada (PPSC) has stayed the prosecution of Mars Canada Inc., and several others who were accused of participating in a conspiracy to fix the price ... [more] Full article