Violation Tracker Individual Record

Company: 
Mitsubishi Heavy Industries Ltd.
Current Parent Company: 
Mitsubishi Group
Penalty: 
$14,500,000
Year: 
2013
Date: 
September 26, 2013
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

Nine Japan-based companies and two executives agreed to plead guilty and to pay a total of more than $740 million in criminal fines for their roles in separate conspiracies to fix the prices of more than 30 different products sold to U.S. car manufacturers and 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: 
publicly traded
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
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.