Violation Tracker Individual Record

Company: 
Nishikawa Rubber Co. Ltd.
Current Parent Company: 
Nishikawa Rubber
Penalty: 
$130,000,000
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

Nishikawa Rubber Co. Ltd. agreed to plead guilty and pay a $130 million criminal fine for its role in a conspiracy to fix the prices of and rig the bids for automotive body sealing products installed in cars sold to U.S. consumers.

Year: 
2016
Date: 
20-Jul-16
Agency: 
Justice Department Antitrust Division
Civil or Criminal Case: 
criminal
HQ Country of Parent: 
Japan
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
automotive parts
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.