September 15, 2016
Posted September 20, 2016
Japanese auto parts supplier Alpha Corporation agreed to plead guilty and pay a $9 million criminal fine for its role in a price-fixing and bid-rigging conspiracy involving automotive access mechanisms for installation in cars manufactured and sold in the United States and elsewhere. Access mechanisms consist of inside and outside door handles, tailgate or trunk handles, keys, lock sets, door locks and electrical and mechanical steering column locks. Alpha is the 46th company to be charged with participating in an anticompetitive scheme involving auto parts. DOJ