Australia Fines Japan Auto-Parts Maker Jtekt in Global Antitrust Probe

Newswire

TOKYO, Oct 18 (Reuters) - Japanese auto parts supplier Jtekt Corp said its Australian subsidiary will pay around $1.9 million to settle antitrust charges as it confronts penalties from a global investigation into price-fixing by parts makers. Jtekt has already agreed to plead guilty and pay $103.3 million in the United States for fixing prices of various parts sold to Toyota Motor Corp and Nissan Motor Co. Earlier in the year, it was fined $4.9 million for violating antitrust law in ...

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