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August 22, 2016

Posted  August 30, 2016

Rubycon Corporation, Elna Co., Ltd. and Holy Stone Holdings Co., Ltd. pleaded guilty for their roles in a conspiracy to fix prices for electrolytic capacitors which store and regulate electrical current in a variety of electronic products, including computers, televisions, car engine and airbag systems, home appliances and office equipment. Previously, NEC TOKIN Corp. and Hitachi Chemical Co. Ltd. pleaded guilty to participating in the same worldwide conspiracy.  The charges are all part of an ongoing federal antitrust investigation into price fixing, bid rigging and other anticompetitive conduct in the capacitor industry.  DOJ