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You are here: Home / News / Mitsubishi Electric to Pay CA$13.4 million for Car Part Bid Rigging in Canada

Mitsubishi Electric to Pay CA$13.4 million for Car Part Bid Rigging in Canada

April 27, 2017 By CollisionWeek Editor

Car parts manufacturer Mitsubishi Electric Corporation pleaded guilty to three counts of bid-rigging for participating in an international conspiracy and was fined CA$13.4 million ($9.8 million) by the Ontario Superior Court of Justice in Canada.

A Competition Bureau investigation determined that Mitsubishi Electric entered into illegal agreements with a competing Japanese car parts manufacturer. The companies conspired to determine who would win certain calls for bids issued by Honda and Ford for the supply of alternators, and by General Motors for the supply of ignition coils. The calls for bids occurred between 2003 and 2006.

To date, investigations into a

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Filed Under: News Tagged With: Antitrust, Canada, Price Fixing

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