CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / Archives for Antitrust

House Passes Legislation to Eliminate Antitrust Exemption on Health Insurance, Possible Precedent for Repeal of Property-Casualty Exemption

March 24, 2017 By CollisionWeek Editor

US H.R. 372

Insurance group concerned about impact on other types of insurance. ASA sees opportunity for meaningful insurance reform. The U.S. House of Representatives passed H.R. 372, the Competitive Health Insurance Reform Act of 2017 on Wednesday by a vote of 416-7. The bill would repeal the limited antitrust exemption for health insurers established by the McCarran-Ferguson […]

Filed Under: Feature Tagged With: Antitrust, Auto Insurance, legislation, U.S. House of Representatives

Auto Door Latch Manufacturer to Plead Guilty to Bid Rigging, Pay $6.1 Million Fine

March 14, 2017 By CollisionWeek Editor

Kiekert AG, an automotive parts manufacturer based in Heiligenhaus, Germany, has agreed to plead guilty and to pay a $6.1 million criminal fine for its role in a conspiracy to rig bids of side-door latches and latch minimodules installed in cars sold in the United States and elsewhere, the Department of Justice announced today.  According […]

Filed Under: News Tagged With: Antitrust, Department of Justice

Japanese Auto Parts Company Pleads Guilty to Antitrust Conspiracy

November 15, 2016 By CollisionWeek Editor

Company Agrees to Pay $7.2 Million Criminal Fine Usui Kokusai Sangyo Kaisha Ltd. (Usui), an automotive parts manufacturer based in Shimizu, Japan, has agreed to plead guilty and pay a $7.2 million criminal fine for its role in a criminal conspiracy involving automotive steel tubes sold to automobile manufacturers in the United States and elsewhere, […]

Filed Under: News Tagged With: Antitrust, U.S. DOJ

Auto Parts Executives Indicted for Obstruction of Justice

September 23, 2016 By CollisionWeek Editor

US DOJ seal

A federal grand jury in the U.S. District Court for the Eastern District of Michigan returned an indictment charging one current automotive parts industry executive and one former automotive parts industry executive with conspiring to obstruct a federal investigation.  The current executive also was charged with attempted obstruction of justice, the U.S. Justice Department announced. […]

Filed Under: News Tagged With: Antitrust, U.S. DOJ

Auto Parts Manufacturer Pleads Guilty in Price-Fixing and Bid-Rigging Conspiracy

September 16, 2016 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Antitrust, Price Fixing, U.S. DOJ

Auto Parts Manufacturer $34.5 Million Antitrust Class Action Settlement

July 25, 2016 By CollisionWeek Editor

NSK Ltd. settlement will benefit indirect purchasers of parts, including dealers and consumers, whose prices were inflated due to illegal price fixing. NSK Ltd. announced Friday that it has agreed to settle class action lawsuits with some indirect purchasers, including automobile dealers and consumers, that are part of the plaintiff classes in litigation pending in […]

Filed Under: News Tagged With: Antitrust, OEM Parts, Price Fixing

Japanese Auto Parts Maker to Pay $130 Million Fine in Anti-Trust Case

July 21, 2016 By CollisionWeek Editor

The U.S. Justice Department announced yesterday that Nishikawa Rubber Co. Ltd.  has agreed to plead guilty and pay a $130 million criminal fine for its role in a conspiracy to fix the prices of and rig the bids for automotive body sealing products installed in cars sold in the U.S. According to charges filed yesterday […]

Filed Under: News Tagged With: Antitrust, OEM Parts, U.S. DOJ

Two Auto Parts Companies and Five Executives Indicted for Price Fixing

June 16, 2016 By CollisionWeek Editor

A federal grand jury in the U.S. District Court for the Southern District of Ohio returned two indictments charging Japanese automotive parts companies, their U.S. subsidiaries, and a total of five executives for their alleged participation in international conspiracies to eliminate competition in the sale of automotive parts sold in the United States and elsewhere, […]

Filed Under: News Tagged With: Antitrust, Department of Justice, OEM Parts

OEM Auto Parts Supplier to Pay $66.5 Million for Fixing Parts Prices

May 17, 2016 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Antitrust, U.S. DOJ

Former Auto Parts Company President Pleads Guilty to Bid-Rigging

April 21, 2016 By CollisionWeek Editor

The former president of an automotive parts company pleaded guilty yesterday and was sentenced to serve 18 months in a U.S. prison for his role in a conspiracy to fix prices and rig bids for the sale of automotive body sealing products sold in the United States, the Justice Department announced. Keiji Kyomoto, a former […]

Filed Under: News Tagged With: Antitrust, Department of Justice, OEM Parts

  • « Previous Page
  • 1
  • 2
  • 3
  • Next Page »

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

Login

Remember Me
Subscribe | Lost your Password?

Tags

AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Australia Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada CARSTAR CCC Certification Collision Industry Electronic Commerce Association Collision Repair Education Foundation Copart Coronavirus Donations Earnings Fix Auto Canada General Motors I-CAR Insurance Auto Auctions Lawsuits legislation LKQ Corporation Mitchell International National Auto Body Council Network Affiliations Non-OEM Parts OEM Parts Openings People PPG Industries Regulations Service King Collision Repair Centers Texas United Kingdom Women's Industry Network Workforce Development

Recent Articles

  • Higher Percentage of Collision Repair Facilities Reported Sales Up in January Compared to Last Year February 26, 2021
  • Overall Parts Solutions Launches Parts Management Solution for the Mechanical Repair Industry February 26, 2021
  • U.S. Driving Last Year Was Lowest in Two Decades February 26, 2021
  • Automotive Lift Institute Introduces Certified Lift Inspection Process February 26, 2021
  • February Auto Sales Projected to Exceed 2020 Levels on Selling-Day Basis February 25, 2021
  • Fix Auto UK Adds Collision Repair Center to Network in Leeds February 25, 2021
  • Podium Launches Tool to Help Businesses Elevate Their SMS Marketing Campaigns February 25, 2021

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2021 - QuanDec Corporation - All Rights Reserved · Log in