Laws/Law Enforcement

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  • Newswire

    EU Antitrust Regulator Says Price-Fixing Crackdown to Continue  

    European Competition Commissioner Joaquin Almunia, who has fined auto-parts cartels more than €1 billion in the past year, says he will hand over "a long list of other investigations in this sector" to his successor when he leaves office next month....More
  • Newswire

    Auto parts executives indicted in U.S. on price-fixing charges  

    DETROIT, Sept 18 (Reuters) - A federal grand jury in Detroit on Thursday indicted seven executives from two Japanese auto parts makers on charges of price fixing, the U.S. Department of Justice said. Four executives from Mitsubishi Electric Corp were charged with conspiring to fix prices of auto parts including starter motors, alternators and ignition coils that were sold to six auto manufacturers in the United States and elsewhere....More
  • Newswire

    Hitachi Escapes Fine in Chinese Antitrust Probe  

    Chinese antitrust regulators say they will not fine Hitachi Automotive because the Japanese auto-parts supplier halted monopolistic activity and proactively provided relevant evidence....More
  • Newswire

    Toyota's Lexus Brand Under Scrutiny by Chinese Regulators  

    Three China-based Toyota executives say the government's price watchdog has questioned the Japanese automaker about its policies regarding spare and replacement parts....More
  • Newswire

    UPDATE 3-China anti-trust regulator fines Volkswagen JV and Chrysler unit  

    * Volkswagen JV, Chrysler unit fined total $46 mln * Penalties raise prospects of fines for other car makers * Auto sector under particular scrutiny by regulators (Adds comment from Audi CEO) SHANGHAI, Sept 11 (Reuters) - China's anti-monopoly regulator on Thursday announced its first-ever punishment of foreign carmakers for price-fixing, fining a Chinese venture of Volkswagen AG and the China sales unit of Fiat's Chrysler a combined $46 million....More
  • Newswire

    India regulator fines carmakers $420 mln for anti-competitive practices  

    INDIA-ANTITRUST/AUTOS:India regulator fines carmakers $420 mln for anti-competitive practices...More
  • Newswire

    Executives With Volkswagen's Chinese JV Under Investigation  

    The country's corruption watchdog has not stated specific allegations against Li Wu, former deputy general manager of FAW-Volkswagen Automotive Co., and Zhou Chun, deputy general manager of the JV's Audi sales division....More
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