Violation Tracker Individual Record

Company: 
Diamond Electric Mfg. Co. Ltd.
Current Parent Company: 
Diamond Electric Manufacturing
Penalty: 
$19,000,000
Year: 
2013
Date: 
July 16, 2013
Offense Group: 
competition-related offenses
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

Osaka, Japan-based Diamond Electric Mfg. Co. Ltd. agreed to plead guilty and to pay a $19 million criminal fine for its role in a conspiracy to fix prices of ignition coils installed in cars 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
HQ Country of Parent: 
Japan
Ownership Structure of Parent: 
privately held
Major Industry of Parent: 
electrical and electronic equipment
Specific Industry of Parent: 
electronic components
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.