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Violation Tracker Individual Record

Company: NTN Corporation
Current Parent CompanyNTN Corporation
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $2,076,000
Year: 2018
Date: November 6, 2018
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: NTN agreed to pay over $2 million to automobile dealers to settle its role in price fixing of automotive bearings.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Michigan
Civil or Criminal Case: civil
Case ID: 2:12-md-02311
Case Name: Automotive Parts Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: automotive parts
Specific Industry of Current Parent: automotive parts
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.