The ongoing price fixing investigations being conducted by the U.S. Department of Justice Antitrust Division and the Federal Bureau of Investigation netted its latest guilty pleas. Corning International Kabushiki Kaisha (Corning International K.K.) has agreed to plead guilty and pay a $66.5 million criminal fine for conspiring to fix prices, rig bids and allocate the market for ceramic substrates sold in the United States and elsewhere, and used in catalytic converters supplied to automobile manufacturers in the United States and elsewhere.
According to the felony charge filed yesterday in U.S. District Court for the Eastern District of Michigan, Corning International
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