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Violation Tracker Individual Record

Company: Maruyasu Industries Co. Ltd.
Penalty: $12,000,000
Year: 2018
Date: May 31, 2018
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Maruyasu Industries Co. Ltd., an automotive parts manufacturer headquartered in Japan, pleaded guilty and was sentenced to pay a $12 million criminal fine for its role in a criminal conspiracy to fix prices, rig bids, and allocate customers for automotive steel tubes incorporated into vehicles sold in the United States and elsewhere.
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.