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

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

    (Corrects number of executives charged to three, not four, from Mitsubishi Electric, and four, not three, from Hitachi Automotive, in paragraphs two and three) 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....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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