The US has heavily penalized Japanese companies for monopolizing parts and components
According to media reports, in the United States, there are currently many auto parts company executives and many parts manufacturers have pleaded guilty monopoly. Hitoshi Hirano, a former executive director of Japanese supplier Tokai Rika Co., was sued by the Detroit Federal Grand Jury for being suspected of having met with other collaborators for several times during his term of office, targeting Toyota for sale in the United States and other countries. The car's heating control panel orders and prices were manipulated and allegedly instructed employees to destroy relevant evidence. According to the Sherman Antitrust Law of the United States, Hitoshi Hirano's above behavior will face 10 years of imprisonment and a fine of 1 million US dollars. It is understood that the company had already confessed to the US Department of Justice that it had engaged in price manipulation as early as 2012, and was fined $17.7 million. In February 2014, Japanese tire manufacturer Bridgestone reached an agreement with the U.S. Department of Justice to recognize that the act of manipulating the sale price of auto parts violated U.S. anti-monopoly law and agreed to pay a fine of 425 million U.S. dollars. It is involved in the most serious criminal fines in antitrust investigations. In July 2013, Panasonic confessed price manipulation to the US Department of Justice and was fined $45.8 million. In addition, since the US Justice Department began an anti-monopoly investigation against auto parts suppliers, 11 companies and 19 managers have been accused of price manipulation, of which 14 were sentenced to 1 year to 2 years’ imprisonment and fines were involved. The cumulative amount reached 874 million U.S. dollars. Rifle Red Dot Sight With Built-in Rifle Red Dot Sight With Built-In,Red Dot Sight Scheels,Red Dot Sight Tool,Red Dot Sight Used By Military Shenzhen Haochenyu Trading Co., Ltd. , https://www.outdoorshootings.com
The US has heavily penalized Japanese companies for monopolizing parts and components