Bridgestone pays $28 mln for bribes, bid-rigging

Newswire

* Bridgestone paid bribes in Mexico, elsewhere * Company is the fifth to be caught up in bid-rigging WASHINGTON, Sept 15 (Reuters) - Tire and rubber giant Bridgestone Corp has agreed to plead guilty to bribing Latin American officials and bid rigging, and to pay a $28 million fine, the company and Justice Department said on Thursday. Bridgestone agreed to plead guilty to conspiring to fix the prices of marine hose used to transfer oil between tankers and storage facilities. It also ...

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