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Violation Tracker Individual Record

Company: Toyoda Gosei Co. Ltd.
Current Parent Company: Toyoda Gosei
Penalty: $44,840,000
Year: 2020
Date: September 29, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Toyoda Gosei agreed to pay more than $44 million to end-payor plaintiffs to settle its role in price fixing of driveshaft housing, interior trim, brake hoses, other automotive hoses, sealants and safety systems such as air bags and seatbelts.
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.