Tag Archives: Investigation

Denso Executives Sentenced to Over a Year in Prison for Price Fixing

On August 5, two Denso Corp executives were sentenced to over a year in prison following their guilty plea to participating in a conspiracy to fix prices in violation of the antitrust laws. Yuji Suzuki, a former senior manager in the Toyota Parts Division, was sentenced to 16 months in prison and Hiroshi Watanabe, a former … Continue reading this entry

Another Steelmaker Subsidiary Raided in International Antitrust Investigation

On March 29, 2013, South Korea’s antitrust watchdog, the Supreme Prosecutors’ Office raided the office of POSCO ICT, a subsidiary of POSCO that manages the parent company’s IT network, as part of an ongoing investigation of South Korea’s biggest steelmakers. Approximately 10 investigators conducted the search and seizure, which included collection of e-mail archives, internal … Continue reading this entry