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Violation Tracker Individual Record

Company: G.S. Electech Inc.
Penalty: $2,750,000
Year: 2012
Date: April 3, 2012
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Toyota City, Japan-based G.S. Electech Inc. agreed to plead guilty and to pay a $2.75 million criminal fine for its role in a conspiracy to fix the prices of auto parts used on antilock brake systems installed in U.S. cars.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.