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Violation Tracker Individual Record

Company: Tokai Rika Co. Ltd.
Current Parent Company: Tokai Rika Co.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $17,700,000
Year: 2012
Date: October 30, 2012
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Nagoya, Japan-based Tokai Rika Co. Ltd., agreed to plead guilty and to pay a $17.7 million criminal fine for its role in a conspiracy to fix prices of heater control panels installed in cars sold in the United States and elsewhere. Tokai Rika also agreed to plead guilty to a charge of obstruction of justice related to the investigation of the antitrust violation.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
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
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.