Alpha Corporation will pay $9 million fine. Marks 46th company charged with price-fixing auto parts.
The U.S. Justice Department announced that Alpha Corporation has agreed to plead guilty and to pay a $9 million criminal fine for its role in a price-fixing and bid-rigging conspiracy involving automotive access mechanisms such as door handles and lock sets that were for installation in cars manufactured and sold in the United States and elsewhere.
According to a one-count felony charge filed yesterday in U.S. District Court for the Eastern District of Michigan in Detroit, Japan-based Alpha conspired from at least as early
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