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Japan’s Sanden Fined for A/C Price Fixing in U.S.
The U.S. Dept. of Justice says Sanden Corp. in Gunma, Japan, has agreed to plead guilty and pay a $3.2 million criminal fine for conspiring in 2008-2009 to fix prices for air conditioner compressors sold to Nissan Motor Co. in the U.S.
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The U.S. Dept. of Justice says Sanden Corp. in Gunma, Japan, has agreed to plead guilty and pay a $3.2 million criminal fine for conspiring in 2008-2009 to fix prices for air conditioner compressors sold to Nissan Motor Co. in the U.S.
The Sanden settlement is the 33rd in the U.S. involving companies that confessed to rigging bids on car parts. Those companies have agreed to pay more than $2.4 billion in fines.
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