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 Notes: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.